612 Dryden RdChurchvilleVA24421
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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
Rental property for sale in Churchville at 612 Dryden Rd, Churchville, VA, 24421 generates $2,719/mo in rent, after a $8,884/mo payment. Total monthly income is $2,719/mo. Return on cash invested sits at 3.78% in year one, and rental yield is 1.8% on a $1,815,000 entry. Equity gained on principal adds $11,712/yr, while 5% annual appreciation builds toward $501,451 over five years. Five-year ROI reaches 15.95% and total cumulative return in cash sums $93,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,719/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
172 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24421, Churchville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,204 (81.3%) |
| Renter Occupied HU | 156 (10.5%) |
| Vacant Housing Units | 121 ( 8.2%) |
| Median Home Value | $398,976 |
| Average Home Value | $470,073 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
60
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Listed by: Daris Booth • REAL ESTATE PLUS
Mls Name: GASAOR
Mls Provider:
Mls ID: #651819
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.