55 Mountain Top LnNew MarketVA22844
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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 New Market at 55 Mountain Top Ln, New Market, VA, 22844 priced at $245,000 pairs $1,472/mo rent with $8/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,472/mo, and annual cash flow comes to $91/yr on $81,218 invested. Return on cash invested is 20.02% in year one, and rental yield stands at 7.21% 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 103.19% and total cumulative return in cash reaches $83,808. For financing, Ziffy Mortgage’s DSCR program evaluates $1,472/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22844, New Market, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,123 (100%) |
| Owner Occupied HU | 1,319 (62.1%) |
| Renter Occupied HU | 531 (25.0%) |
| Vacant Housing Units | 273 (12.9%) |
| Median Home Value | $314,916 |
| Average Home Value | $399,321 |
Housing Distribution
Address Breakdown
Residential
1,880
Single Family
1,801
Multi-Family
79
Businesses
169
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Listed by: Angela Hensley • LPT Realty, LLC
Mls Name: Bright MLS
Mls ID: #VASH2012774