








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Banco at 612 Oneals Rd, Banco, VA, 22727 offers $1,500/mo rent that, after a $3,108/mo payment. Total monthly income is $1,500/mo. Return on cash invested measures 6.87% in year one, and rental yield stands at 2.83% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 32.64% and total cumulative return in cash reaches $68,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,500/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
4.87 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22727, Madison, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,623 (100%) |
| Owner Occupied HU | 1,834 (69.9%) |
| Renter Occupied HU | 476 (18.1%) |
| Vacant Housing Units | 313 (11.9%) |
| Median Home Value | $403,111 |
| Average Home Value | $514,965 |
Residential
2,143
Single Family
2,143
Multi-Family
0
Businesses
266
Date | Event | Price |
|---|---|---|
| 2024-10-28 | Price change | $635,000 |
| 2024-10-11 | Listed for sale | $645,000 |
| 2023-10-02 | Sold | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $2097.16 | N/A | $283,400 | N/A |
| 2022-11-11 | $2097.16 | 4.23% | $283,400 | N/A |
| 2021-11-11 | $2012.14 | N/A | $283,400 | N/A |



Listed by: Gerri Russell • HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #657769
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.