








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Castleton at 509 Castleton Ford Rd, Castleton, VA, 22716 offers $4,385/mo rent that, after a $5,262/mo payment. Total monthly income is $4,385/mo. Return on cash invested measures 13.34% in year one, and rental yield stands at 4.89% at a $1,075,000 entry. Equity gained on principal adds $6,937/yr while 5% annual appreciation compounds into $297,003 by year five. Five-year ROI records 67.22% and total cumulative return in cash reaches $234,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,385/mo property income versus a $5,262/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
17.08 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22716, Castleton, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 470 (100%) |
| Owner Occupied HU | 314 (66.8%) |
| Renter Occupied HU | 59 (12.6%) |
| Vacant Housing Units | 97 (20.6%) |
| Median Home Value | $687,500 |
| Average Home Value | $830,478 |
Residential
458
Single Family
458
Multi-Family
0
Businesses
6
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Casey Margenau • Casey Margenau Fine Homes and Estates LLC
Mls Name: Bright MLS
Mls ID: #VARP2002252