474 Long Island DrMonetaVA24121
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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 Moneta at 474 Long Island Dr, Moneta, VA, 24121 with 5% annual appreciation on a $689,000 basis while $2,821/mo rent supports operations. 19% in year one. Equity gained on principal adds $4,446/yr, and five-year appreciation sums $190,358 alongside rental yield of 4.91%. Five-year ROI measures 66.51% and total cumulative return in cash totals $150,774. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,821/mo property income versus a $3,372/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,805 (100%) |
| Owner Occupied HU | 4,423 (56.7%) |
| Renter Occupied HU | 643 ( 8.2%) |
| Vacant Housing Units | 2,739 (35.1%) |
| Median Home Value | $493,149 |
| Average Home Value | $589,306 |
Housing Distribution
Address Breakdown
Residential
6,195
Single Family
6,011
Multi-Family
184
Businesses
414
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Listed by: CASEY DANIELLE JOHNSON • RE/MAX LAKEFRONT REALTY INC
Mls Name: RVAR
Mls Provider:
Mls ID: #912664
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