47 Piney Ridge RdClarksvilleVA23927
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clarksville at 47 Piney Ridge Rd, Clarksville, VA, 23927 offers $3,077/mo rent that, after a $3,818/mo payment. Total monthly income is $3,077/mo. Return on cash invested measures 12.45% in year one, and rental yield stands at 4.73% at a $780,000 entry. Equity gained on principal adds $5,033/yr while 5% annual appreciation compounds into $215,500 by year five. Five-year ROI records 62.61% and total cumulative return in cash reaches $160,660. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,077/mo property income versus a $3,818/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
3.29 Acres lot
$N/A/sqft
$492 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23927, Clarksville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,539 (100%) |
| Owner Occupied HU | 1,613 (45.6%) |
| Renter Occupied HU | 504 (14.2%) |
| Vacant Housing Units | 1,422 (40.2%) |
| Median Home Value | $311,316 |
| Average Home Value | $370,203 |
Housing Distribution
Address Breakdown
Residential
2,488
Single Family
2,488
Multi-Family
0
Businesses
263
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Nearby investment properties with comparable prices
Listed by: Beth Morgan • Coldwell Banker Advantage - Henderson
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71052
Disclaimer: Copyright Southern Piedmont Land & Lake Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.