6010 Lanny WaySumerduckVA22742
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 Sumerduck at 6010 Lanny Way, Sumerduck, VA, 22742 earns $569/mo cash flow from $5,261/mo rent with a $3,842/mo payment. Total monthly income totals $5,261/mo, and annual cash flow totals $6,823/yr on $258,262 capital. ROI tracks 22.7% on current figures, and rental yield reads 8.04% at a $784,990 purchase. Equity gained on principal adds $5,065/yr, and 5% annual appreciation supports $216,878 over five years. Five-year ROI reaches 117.51% and total cumulative return in cash sums $303,479. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,261/mo property income instead of your personal income.
Single Family
Built in 2024
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22742, Sumerduck, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 606 (83.4%) |
| Renter Occupied HU | 82 (11.3%) |
| Vacant Housing Units | 39 ( 5.4%) |
| Median Home Value | $555,195 |
| Average Home Value | $628,998 |
Housing Distribution
Address Breakdown
Residential
654
Single Family
654
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dick Bryan • New Home Star Virginia, LLC
Mls Name: Bright MLS
Mls Provider:
Mls ID: #VAFQ2014352
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. [Click here for more information](/info/mls-disclaimers/#mls_5632)