5660 Borden Grant TrlRaphineVA24472
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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 Raphine at 5660 Borden Grant Trl, Raphine, VA, 24472 offers a 8.56% rental yield on a $395,000 purchase with $2,818/mo rent. Total monthly income registers $2,818/mo, and a $1,933/mo payment leaves $457/mo available for distribution. Annual cash flow reaches $5,485/yr on $130,943 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 125.06% and total cumulative return in cash at $163,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,818/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24472, Raphine, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 812 (65.7%) |
| Renter Occupied HU | 218 (17.7%) |
| Vacant Housing Units | 205 (16.6%) |
| Median Home Value | $335,714 |
| Average Home Value | $365,810 |
Housing Distribution
Address Breakdown
Residential
984
Single Family
984
Multi-Family
0
Businesses
45
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Listed by: Paula J. Martin • Lexington Real Estate Connection
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #138916
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