601 Long AveShenandoahVA22849
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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
Investment property for sale in Shenandoah at 601 Long Ave, Shenandoah, VA, 22849 listed at $299,000 pairs $2,632/mo rent with a $1,463/mo payment to leave $845/mo cash flow. Total monthly income runs $2,632/mo, and annual cash flow reaches $10,141/yr on $99,119 cash to close. Return on cash invested measures 30.14% in year one, and rental yield registers 10.56% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 157.46% and total cumulative return in cash totals $156,070. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,632/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22849, Shenandoah, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,317 (100%) |
| Owner Occupied HU | 1,548 (66.8%) |
| Renter Occupied HU | 424 (18.3%) |
| Vacant Housing Units | 345 (14.9%) |
| Median Home Value | $210,897 |
| Average Home Value | $268,755 |
Housing Distribution
Address Breakdown
Residential
2,107
Single Family
2,061
Multi-Family
46
Businesses
95
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Listed by: DEREK JONES • MONTAGUE, MILLER & CO. - WESTFIELD
Mls Name: CAAR
Mls ID: #671072