56 Mancha AveSpring GroveVA23899








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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 Spring Grove at 56 Mancha Ave, Spring Grove, VA, 23899 priced at $269,950 converts $2,909/mo rent into $1,296/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,909/mo, and annual cash flow totals $15,547/yr on $89,488 invested. Return on cash invested prints 37.28% in year one, and rental yield reads 12.93% against a $269,950 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,582 by year five. Five-year ROI reaches 195.74% and total cumulative return in cash sums $175,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,909/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23899, Claremont, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices



Listed by: Anna Barlow • Harris & Assoc, Inc
Mls Name: CVRMLS
Mls ID: #2523543








