4535 Clarks Ferry RdDraperVA24324
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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 Draper at 4535 Clarks Ferry Rd, Draper, VA, 24324 priced at $170,000 converts $1,506/mo rent into $490/mo cash flow after a $832/mo obligation. Total monthly income equals $1,506/mo, and annual cash flow totals $5,878/yr on $56,355 invested. Return on cash invested prints 30.34% in year one, and rental yield reads 10.63% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 158.5% and total cumulative return in cash sums $89,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,506/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1929
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24324, Draper, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 692 (67.8%) |
| Renter Occupied HU | 142 (13.9%) |
| Vacant Housing Units | 186 (18.2%) |
| Median Home Value | $229,861 |
| Average Home Value | $330,647 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
32
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Listed by: Hannah Cole • GRAVITY Real Estate Group, Inc.
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #422435
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.