Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Shipman at 594 High Peak Ln, Shipman, VA, 22971 listed at $450,000 pairs $2,210/mo rent with a $2,203/mo payment. Total monthly income runs $2,210/mo. Return on cash invested measures 16.04% in year one, and rental yield registers 5.89% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 81.84% and total cumulative return in cash totals $122,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,210/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
29.81 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22971, Shipman, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 426 (60.9%) |
| Renter Occupied HU | 133 (19.0%) |
| Vacant Housing Units | 140 (20.0%) |
| Median Home Value | $313,514 |
| Average Home Value | $375,974 |
Residential
769
Single Family
738
Multi-Family
31
Businesses
14
Date | Event | Price |
|---|---|---|
| 2025-09-21 | Pending sale | $450,000 |
| 2025-09-03 | Listed for sale | $450,000 |
| 2010-12-06 | Sold | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-08 | $1320.80 | N/A | $286,500 | N/A |
| 2022-10-08 | $1320.80 | 9.13% | $286,500 | 13.96% |
| 2021-10-08 | $1210.32 | N/A | $251,400 | N/A |
Listed by: MARLO ALLEN • NEST REALTY GROUP, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #668636
