610 Landover RdTroyVA22974
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 Troy at 610 Landover Rd, Troy, VA, 22974 priced at $497,000 converts $2,908/mo rent into after a $2,433/mo obligation. Total monthly income equals $2,908/mo. Return on cash invested prints 19.45% in year one, and rental yield reads 7.02% against a $497,000 entry. Equity gained on principal adds $3,207/yr, while 5% annual appreciation compiles into $137,312 by year five. Five-year ROI reaches 100.09% and total cumulative return in cash sums $164,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,908/mo property income covering a $2,433/mo payment, not borrower’s personal income.
Single Family
Built in 2003
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22974, Troy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,603 (81.2%) |
| Renter Occupied HU | 287 (14.5%) |
| Vacant Housing Units | 83 ( 4.2%) |
| Median Home Value | $394,898 |
| Average Home Value | $460,078 |
Housing Distribution
Address Breakdown
Residential
1,828
Single Family
1,828
Multi-Family
0
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices