602 Candlewood LnSandstonVA23150
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 Sandston at 602 Candlewood Ln, Sandston, VA, 23150 priced at $424,950 converts $3,277/mo rent into $737/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,277/mo, and annual cash flow totals $8,840/yr on $140,871 invested. Return on cash invested prints 26.18% in year one, and rental yield reads 9.25% against a $424,950 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,406 by year five. Five-year ROI reaches 136.21% and total cumulative return in cash sums $191,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,277/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23150, Sandston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,558 (100%) |
| Owner Occupied HU | 3,952 (71.1%) |
| Renter Occupied HU | 1,424 (25.6%) |
| Vacant Housing Units | 182 ( 3.3%) |
| Median Home Value | $331,692 |
| Average Home Value | $387,255 |
Housing Distribution
Address Breakdown
Residential
5,478
Single Family
5,145
Multi-Family
333
Businesses
452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices