5990 Northwestern PikeGoreVA22637
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
Investment property for sale in Gore at 5990 Northwestern Pike, Gore, VA, 22637 uses $142,214 cash to close to unlock $1,395/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $2,681/mo, and a $2,100/mo payment keeps the spread at $116/mo. Purchase price stands at $429,000, and rental yield measures 7.5% with $2,681/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 107.85% and total cumulative return in cash records $153,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,681/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1983
9.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22637, Gore, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 776 (79.5%) |
| Renter Occupied HU | 118 (12.1%) |
| Vacant Housing Units | 82 ( 8.4%) |
| Median Home Value | $449,107 |
| Average Home Value | $456,285 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
866
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices