41 Rake Leaf LnKilmarnockVA22482
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kilmarnock at 41 Rake Leaf Ln, Kilmarnock, VA, 22482 priced at $199,000 pairs $1,506/mo rent with $316/mo cash flow after a $974/mo payment. Total monthly income equals $1,506/mo, and annual cash flow comes to $3,797/yr on $65,969 invested. Return on cash invested is 25.66% in year one, and rental yield stands at 9.08% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 133.47% and total cumulative return in cash reaches $88,050. For financing, Ziffy Mortgage’s DSCR program evaluates $1,506/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22482, Kilmarnock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 1,051 (59.0%) |
| Renter Occupied HU | 255 (14.3%) |
| Vacant Housing Units | 474 (26.6%) |
| Median Home Value | $473,636 |
| Average Home Value | $521,606 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,296
Multi-Family
0
Businesses
363
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Listed by: Anjelica Crockett • Middle Bay Realty
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #2527429