60 Jaspers Ln, Stuarts Draft, VA, 24477 | 3.5% Rental Yield

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60 Jaspers Ln, Stuarts Draft, VA, 24477 | 3.5% Rental Yield | Ziffy

Recently Sold

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Stuarts Draft at 60 Jaspers Ln, Stuarts Draft, VA, 24477 listed at $534,990 pairs $1,560/mo rent with a $2,619/mo payment. Total monthly income runs $1,560/mo. Return on cash invested measures 8.89% in year one, and rental yield registers 3.5% at a $534,990 basis. Equity gained on principal adds $3,452/yr, and annual property appreciation at 5% supports $147,808 by year five. Five-year ROI tracks 43.45% and total cumulative return in cash totals $76,477. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $2,619/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Our beautiful model home in the picturesque Shannon Lea is for sale! The 2804 sq ft Hanover model offers a modern open-concept living space on the main level, complete with combined family and casual dining space, kitchen with large center island and walk-in pantry, a formal dining room, office, and powder room to meet your familys needs. Upstairs, an additional living space provides even more flexibility for your familys needs. Additionally, a large primary suite features a large walk-in closet and a full bath with separate vanities and private water closet. A laundry room, full bathroom, and 3 additional bedrooms round out the second floor. This house is a fantastic live-play-work space you can utilize to fit your needs.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,871 (100%)
Owner Occupied HU	3,623 (74.4%)
Renter Occupied HU	980 (20.1%)
Vacant Housing Units	268 ( 5.5%)
Median Home Value	$298,170
Average Home Value	$328,375