506 Williams AveShenandoahVA22849
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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 Shenandoah at 506 Williams Ave, Shenandoah, VA, 22849 priced at $184,900 pairs $2,206/mo rent with $1,101/mo cash flow after a $905/mo payment. Total monthly income equals $2,206/mo, and annual cash flow comes to $13,208/yr on $61,294 invested. Return on cash invested is 41.46% in year one, and rental yield stands at 14.32% on a $184,900 basis. Equity gained on principal adds $1,193/yr, and 5% annual appreciation accumulates to $51,084 by year five. Five-year ROI measures 218.13% and total cumulative return in cash reaches $133,699. For financing, Ziffy Mortgage’s DSCR program evaluates $2,206/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22849, Shenandoah, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,317 (100%) |
| Owner Occupied HU | 1,548 (66.8%) |
| Renter Occupied HU | 424 (18.3%) |
| Vacant Housing Units | 345 (14.9%) |
| Median Home Value | $210,897 |
| Average Home Value | $268,755 |
Housing Distribution
Address Breakdown
Residential
2,107
Single Family
2,061
Multi-Family
46
Businesses
95
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Listed by: Andrea Dorman • Old Dominion Realty Crossroads
Mls Name: CAAR
Mls ID: #665476