611 Carnation RdRuckersvilleVA22968
Nearby investment properties with comparable rents
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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 Ruckersville at 611 Carnation Rd, Ruckersville, VA, 22968 uses $112,379 cash to close to unlock $2,169/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,659/mo payment keeps the spread at $181/mo. Purchase price stands at $339,000, and rental yield measures 7.81% with $2,207/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 112.92% and total cumulative return in cash records $126,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22968, Ruckersville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,574 (100%) |
| Owner Occupied HU | 3,638 (79.5%) |
| Renter Occupied HU | 705 (15.4%) |
| Vacant Housing Units | 231 ( 5.1%) |
| Median Home Value | $373,954 |
| Average Home Value | $396,239 |
Housing Distribution
Address Breakdown
Residential
4,481
Single Family
4,435
Multi-Family
46
Businesses
345
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Listed by: ALFONSO J MARTINEZ • 1ST DOMINION REALTY INC-CHARLOTTESVILLE
Mls Name: CAAR
Mls ID: #669609