488 Locust LnRuckersvilleVA22968
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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 Ruckersville at 488 Locust Ln, Ruckersville, VA, 22968 priced at $199,900 pairs $2,114/mo rent with $919/mo cash flow after a $978/mo payment. Total monthly income equals $2,114/mo, and annual cash flow comes to $11,033/yr on $66,267 invested. Return on cash invested is 36.56% in year one, and rental yield stands at 12.69% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 191.9% and total cumulative return in cash reaches $127,165. For financing, Ziffy Mortgage’s DSCR program evaluates $2,114/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22968, Ruckersville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,574 (100%) |
| Owner Occupied HU | 3,638 (79.5%) |
| Renter Occupied HU | 705 (15.4%) |
| Vacant Housing Units | 231 ( 5.1%) |
| Median Home Value | $373,954 |
| Average Home Value | $396,239 |
Housing Distribution
Address Breakdown
Residential
4,481
Single Family
4,435
Multi-Family
46
Businesses
345
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Listed by: AMANDA S SPIGONE • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #662665