518 9th St, Shenandoah, VA, 22849 | $295/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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518 9th St, Shenandoah, VA, 22849 | $295/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shenandoah at 518 9th St, Shenandoah, VA, 22849 at $335,000 posts ROI 23.1% with $295/mo cash flow from $2,298/mo rent. Total monthly income equals $2,298/mo, and annual cash flow records $3,541/yr on $111,053 to close. Return on cash invested measures 23.1% and rental yield reads 8.23% at the current $335,000. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 by year five. Five-year ROI prints 119.7% and total cumulative return in cash totals $132,932.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1955

0.58 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 1950s all brick cape cod in the quaint town of Shenandoah. Located on the corner of Maryland Avenue and Ninth Street, this home sits on over one-half acre offering plenty of room for outside relaxation on the patio or screened in gazebo or gardening. Pretty eat-in kitchen with abundant oak cabinets and solid surface countertops, living room with wood-burning brick fireplace and first floor bedroom all with hardwood flooring. One full hall bath with walk-in tub also on main level. The hard wood flooring continues up the stairs to the second level where there are two additional bedrooms, both with hardwood flooring, and a full hall bath. The lower level is partially finished with plenty of room for office space or a craft area. The laundry area is also located on the lower level. Dont miss the double car carport (incredible storage above carport) with attached workshop/garden shed. This property has lots of opportunities for a first-time homeowner who is tired of paying rent or an investor looking to add another property to their portfolio. This home offers new shingle roof, replacement windows and fresh paint inside.

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