6 Compass PointMonetaVA24121
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 Moneta at 6 Compass Point, Moneta, VA, 24121 priced at $1,697,000 converts $4,721/mo rent into after a $8,306/mo obligation. Total monthly income equals $4,721/mo. Return on cash invested prints 8.53% in year one, and rental yield reads 3.34% against a $1,697,000 entry. Equity gained on principal adds $10,950/yr, while 5% annual appreciation compiles into $468,850 by year five. Five-year ROI reaches 41.45% and total cumulative return in cash sums $227,929. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,721/mo property income covering a $8,306/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,805 (100%) |
| Owner Occupied HU | 4,423 (56.7%) |
| Renter Occupied HU | 643 ( 8.2%) |
| Vacant Housing Units | 2,739 (35.1%) |
| Median Home Value | $493,149 |
| Average Home Value | $589,306 |
Housing Distribution
Address Breakdown
Residential
6,195
Single Family
6,011
Multi-Family
184
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices