6 Courtyard TerNew MarketVA22844
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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 New Market at 6 Courtyard Ter, New Market, VA, 22844 priced at $324,990 converts $966/mo rent into after a $1,591/mo obligation. Total monthly income equals $966/mo. Return on cash invested prints 9.03% in year one, and rental yield reads 3.57% against a $324,990 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,789 by year five. Five-year ROI reaches 44.21% and total cumulative return in cash sums $47,626. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $966/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22844, New Market, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,123 (100%) |
| Owner Occupied HU | 1,319 (62.1%) |
| Renter Occupied HU | 531 (25.0%) |
| Vacant Housing Units | 273 (12.9%) |
| Median Home Value | $314,916 |
| Average Home Value | $399,321 |
Housing Distribution
Address Breakdown
Residential
1,880
Single Family
1,801
Multi-Family
79
Businesses
169
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Listed by: Valley Roots Team • Kline May Realty
Mls Name: CAAR
Mls ID: #666754