579 Glenmore RdHowardsvilleVA24562
Nearby investment properties with comparable rents
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 Howardsville at 579 Glenmore Rd, Howardsville, VA, 24562 priced at $230,000 pairs $1,892/mo rent with $517/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,892/mo, and annual cash flow comes to $6,202/yr on $76,245 invested. Return on cash invested is 28.04% in year one, and rental yield stands at 9.87% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 146.19% and total cumulative return in cash reaches $111,463. For financing, Ziffy Mortgage’s DSCR program evaluates $1,892/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
3.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24562, Howardsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 206 (100%) |
| Owner Occupied HU | 136 (66.0%) |
| Renter Occupied HU | 35 (17.0%) |
| Vacant Housing Units | 35 (17.0%) |
| Median Home Value | $162,500 |
| Average Home Value | $228,070 |
Housing Distribution
Address Breakdown
Residential
241
Single Family
241
Multi-Family
0
Businesses
5
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Nearby investment properties with comparable prices
Listed by: WENDY PEERY • EXP REALTY LLC - STAFFORD
Mls Name: CAAR
Mls Provider:
Mls ID: #665244