490 Three RidgesWintergreen ResortVA22967
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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
Rental property for sale in Wintergreen Resort at 490 Three Ridges, Wintergreen Resort, VA, 22967 priced at $159,000 converts $1,476/mo rent into $237/mo cash flow after a $778/mo obligation. Total monthly income equals $1,476/mo, and annual cash flow totals $2,841/yr on $52,709 invested. Return on cash invested prints 25.3% in year one, and rental yield reads 11.14% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 133.87% and total cumulative return in cash sums $70,560. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,476/mo property income covering a $778/mo payment, not borrower’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$867 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22967, Roseland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,375 (100%) |
| Owner Occupied HU | 853 (25.3%) |
| Renter Occupied HU | 199 ( 5.9%) |
| Vacant Housing Units | 2,323 (68.8%) |
| Median Home Value | $425,000 |
| Average Home Value | $502,459 |
Housing Distribution
Address Breakdown
Residential
1,117
Single Family
1,117
Multi-Family
0
Businesses
40
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Listed by: Francesca San Giorgio • Four Seasons Realty I, LLC
Mls Name: LMLS
Mls Provider:
Mls ID: #355362
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