574 Old Kings RdDrakes BranchVA23937
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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 Drakes Branch at 574 Old Kings Rd, Drakes Branch, VA, 23937 with 5% annual appreciation on a $945,900 basis while $4,318/mo rent supports operations. 91% in year one. Equity gained on principal adds $6,104/yr, and five-year appreciation sums $261,335 alongside rental yield of 5.48%. Five-year ROI measures 75.7% and total cumulative return in cash totals $235,594. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,318/mo property income versus a $4,630/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
105.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23937, Drakes Branch, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 492 (58.4%) |
| Renter Occupied HU | 200 (23.7%) |
| Vacant Housing Units | 151 (17.9%) |
| Median Home Value | $164,189 |
| Average Home Value | $306,336 |
Housing Distribution
Address Breakdown
Residential
750
Single Family
718
Multi-Family
32
Businesses
47
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Listed by: Dempsey Jones • RE/MAX Advantage Plus
Mls Name: CVRMLS
Mls ID: #2523901