612 Peters Creek DrStuartVA24171
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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 Stuart at 612 Peters Creek Dr, Stuart, VA, 24171 priced at $380,000 converts $1,980/mo rent into after a $1,860/mo obligation. Total monthly income equals $1,980/mo. Return on cash invested prints 17.13% in year one, and rental yield reads 6.25% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 87.68% and total cumulative return in cash sums $110,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 1990
8.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24171, Stuart, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,527 (100%) |
| Owner Occupied HU | 2,787 (61.6%) |
| Renter Occupied HU | 877 (19.4%) |
| Vacant Housing Units | 863 (19.1%) |
| Median Home Value | $162,083 |
| Average Home Value | $237,028 |
Housing Distribution
Address Breakdown
Residential
3,699
Single Family
3,699
Multi-Family
0
Businesses
316
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Listed by: Travis Bishop • Century 21 Valley Real Estate
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424582
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.