579 Circle View Rd, Luray, VA, 22835 | 7.16% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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579 Circle View Rd, Luray, VA, 22835 | 7.16% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Luray at 579 Circle View Rd, Luray, VA, 22835 offers $2,800/mo rent that, after a $2,296/mo payment. Total monthly income is $2,800/mo. Return on cash invested measures 19.88% in year one, and rental yield stands at 7.16% at a $469,000 entry. Equity gained on principal adds $3,026/yr while 5% annual appreciation compounds into $129,576 by year five. Five-year ROI records 102.38% and total cumulative return in cash reaches $159,175. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,800/mo property income versus a $2,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1973

1.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Full Brick Ranch. Park-like Setting! Welcome to this beautifully maintained 3 BR 3 BA home, nestled on two spacious lots! Both lots total 1.25 Ac. with mature, manicured landscaping that offers privacy and serene living! Inside, you'll find a warm and inviting layout featuring living room, dining room, kitchen, utility room, mud room and family room with wood burning fireplace! Enjoy morning coffee or evening breezes in the rustic wood sided screened porch, overlooking the lush, park-like back yard. There is a primary bedroom suite with spacious closet and private bath. The finished walkout basement boasts a wet bar/kitchenette, large family room with woodstove and a full bath, ideal for entertaining or relaxing with friends and family. This is one of those properties that you have to see to fully appreciate! Don't miss out on this amazing opportunity to won a special property!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22835, Luray, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,019 (100%)
Owner Occupied HU	3,628 (60.3%)
Renter Occupied HU	1,352 (22.5%)
Vacant Housing Units	1,039 (17.3%)
Median Home Value	$279,664
Average Home Value	$327,532