








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 New Canton at 471 Sleepy Hollow Rd, New Canton, VA, 23123 priced at $229,900 converts $1,622/mo rent into $248/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,622/mo, and annual cash flow totals $2,975/yr on $76,212 invested. Return on cash invested prints 23.81% in year one, and rental yield reads 8.47% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 123.49% and total cumulative return in cash sums $94,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,622/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23123, New Canton, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 505 (63.8%) |
| Renter Occupied HU | 161 (20.3%) |
| Vacant Housing Units | 126 (15.9%) |
| Median Home Value | $189,674 |
| Average Home Value | $351,995 |
Residential
729
Single Family
729
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Price change | $229,900 |
| 2024-09-10 | Price change | $237,000 |
| 2024-08-28 | Price change | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $525.25 | 5.77% | $95,500 | N/A |
| 2022-11-13 | $496.60 | N/A | $95,500 | N/A |
| 2021-11-13 | $496.60 | -5.45% | $95,500 | N/A |



Listed by: Anna Antigua • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #657798
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.