








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Columbia at 4638 Shannon Hill Rd, Columbia, VA, 23038 offers $4,051/mo rent that, after a $4,160/mo payment. Total monthly income is $4,051/mo. Return on cash invested measures 15.64% in year one, and rental yield stands at 5.72% at a $850,000 entry. Equity gained on principal adds $5,485/yr while 5% annual appreciation compounds into $234,839 by year five. Five-year ROI records 79.65% and total cumulative return in cash reaches $222,754. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,051/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
96.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23038, Columbia, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,049 (100%) |
| Owner Occupied HU | 704 (67.1%) |
| Renter Occupied HU | 115 (11.0%) |
| Vacant Housing Units | 230 (21.9%) |
| Median Home Value | $415,714 |
| Average Home Value | $550,440 |
Residential
922
Single Family
922
Multi-Family
0
Businesses
19
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $850,000 |
| 2024-09-30 | Listing removed | $947,500 |
| 2024-09-07 | Listed for sale | $947,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: James Strum • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2510167
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.