4642 Waterfront Farms DrDraperVA24324
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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 Draper at 4642 Waterfront Farms Dr, Draper, VA, 24324 with 5% annual appreciation on a $449,500 basis while $3,336/mo rent supports operations. Total monthly income totals $3,336/mo and a $2,200/mo payment preserves $607/mo for cash returns. Annual cash flow comes to $7,288/yr on $149,009 deployed, and return on cash invested reaches 24.8% in year one. Equity gained on principal adds $2,901/yr, and five-year appreciation sums $124,189 alongside rental yield of 8.91%. Five-year ROI measures 128.93% and total cumulative return in cash totals $192,125.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,336/mo property income versus a $2,200/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
1.50 Acres lot
$N/A/sqft
$500 annually 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: Skip Slocum • Roots Realty Group
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #420684
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.