5609 New Line RdGum SpringVA23065
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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
Investment property for sale in Gum Spring at 5609 New Line Rd, Gum Spring, VA, 23065 earns $512/mo cash flow from $2,304/mo rent with a $1,467/mo payment. Total monthly income totals $2,304/mo, and annual cash flow totals $6,147/yr on $99,383 capital. ROI tracks 26.09% on current figures, and rental yield reads 9.22% at a $299,797 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,828 over five years. Five-year ROI reaches 135.76% and total cumulative return in cash sums $134,924. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,304/mo property income instead of your personal income.
Single Family
Built in 1925
5.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23065, Gum Spring, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 701 (100%) |
| Owner Occupied HU | 572 (81.6%) |
| Renter Occupied HU | 70 ( 10.0%) |
| Vacant Housing Units | 59 ( 8.4%) |
| Median Home Value | $337,037 |
| Average Home Value | $400,992 |
Housing Distribution
Address Breakdown
Residential
691
Single Family
691
Multi-Family
0
Businesses
37
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Listed by: JAMES DICKERSON • CHARLOTTESVILLE SOLUTIONS
Mls Name: CAAR
Mls ID: #672474