5802 Ginger DrProvidence ForgeVA23140
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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
Rental property for sale in Providence Forge at 5802 Ginger Dr, Providence Forge, VA, 23140 priced at $365,440 pairs $3,480/mo rent with $1,295/mo cash flow after a $1,789/mo payment. Total monthly income equals $3,480/mo, and annual cash flow comes to $15,541/yr on $121,143 invested. Return on cash invested is 32.74% in year one, and rental yield stands at 11.43% on a $365,440 basis. Equity gained on principal adds $2,358/yr, and 5% annual appreciation accumulates to $100,964 by year five. Five-year ROI measures 171.39% and total cumulative return in cash reaches $207,625. For financing, Ziffy Mortgage’s DSCR program evaluates $3,480/mo property income against a $1,789/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23140, Providence Forge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 2,202 (82.6%) |
| Renter Occupied HU | 312 (11.7%) |
| Vacant Housing Units | 151 ( 5.7%) |
| Median Home Value | $418,526 |
| Average Home Value | $428,198 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,765
Multi-Family
0
Businesses
156
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A