45 Sailors Cove Dr UNIT 802MonetaVA24121
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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 45 Sailors Cove Dr UNIT 802, Moneta, VA, 24121 earns from $1,996/mo rent with a $2,276/mo payment. Total monthly income totals $1,996/mo. ROI tracks 9.3% on current figures, and rental yield reads 5.15% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 47.32% and total cumulative return in cash sums $72,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,996/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$579 monthly 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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Listed by: KATHRYN PIGNATELLA • FIRST CHOICE REAL ESTATE LLC - HARDY
Mls Name: RVAR
Mls Provider:
Mls ID: #917269
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