505 Centerville RdShacklefordsVA23156
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 Shacklefords at 505 Centerville Rd, Shacklefords, VA, 23156 priced at $245,000 pairs $2,222/mo rent with $758/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,222/mo, and annual cash flow comes to $9,091/yr on $81,218 invested. Return on cash invested is 31.1% in year one, and rental yield stands at 10.88% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 162.62% and total cumulative return in cash reaches $132,072. For financing, Ziffy Mortgage’s DSCR program evaluates $2,222/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1903
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23156, Shacklefords, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 575 (67.6%) |
| Renter Occupied HU | 122 (14.4%) |
| Vacant Housing Units | 153 (18.0%) |
| Median Home Value | $254,268 |
| Average Home Value | $277,261 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
51
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Listed by: R ReNaye Dame • Gloucester Realty Corporation
Mls Name: REIN Inc.
Mls ID: #10609873