414 Bear Trap Farm RdMount SolonVA22843
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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 Mount Solon at 414 Bear Trap Farm Rd, Mount Solon, VA, 22843 generates $2,192/mo in rent and, after a $1,141/mo payment, leaves $798/mo in cash flow. Total monthly income is $2,192/mo, and annual cash flow is $9,582/yr on $77,273 invested. Return on cash invested sits at 32.31% in year one, and rental yield is 11.28% on a $233,100 entry. Equity gained on principal adds $1,504/yr, while 5% annual appreciation builds toward $64,401 over five years. Five-year ROI reaches 169.08% and total cumulative return in cash sums $130,652. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,192/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22843, Mount Solon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 823 (76.9%) |
| Renter Occupied HU | 146 (13.6%) |
| Vacant Housing Units | 101 ( 9.4%) |
| Median Home Value | $329,401 |
| Average Home Value | $389,341 |
Housing Distribution
Address Breakdown
Residential
991
Single Family
991
Multi-Family
0
Businesses
24
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Listed by: Elevate Realty Llc Team • KLINE MAY REALTY, LLC
Mls Name: GASAOR
Mls Provider:
Mls ID: #658248
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.