44 Strawberry Banks DrMonetaVA24121
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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
Investment property for sale in Moneta at 44 Strawberry Banks Dr, Moneta, VA, 24121 uses $124,279 cash to close to unlock $4,762/yr annual cash flow and $397/mo monthly cash flow. Total monthly income runs $2,638/mo, and a $1,835/mo payment keeps the spread at $397/mo. Purchase price stands at $374,900, and rental yield measures 8.44% with $2,638/mo rent. Return on cash invested shows 23.74% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 123.11% and total cumulative return in cash records $152,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,638/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,805 (100%) |
| Owner Occupied HU | 4,423 (56.7%) |
| Renter Occupied HU | 643 ( 8.2%) |
| Vacant Housing Units | 2,739 (35.1%) |
| Median Home Value | $493,149 |
| Average Home Value | $589,306 |
Housing Distribution
Address Breakdown
Residential
6,195
Single Family
6,011
Multi-Family
184
Businesses
414
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