614 S 2nd St, Shenandoah, VA, 22849 | $610/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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614 S 2nd St, Shenandoah, VA, 22849 | $610/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shenandoah at 614 S 2nd St, Shenandoah, VA, 22849 with 5% annual appreciation on a $289,000 basis while $2,338/mo rent supports operations. Total monthly income totals $2,338/mo and a $1,415/mo payment preserves $610/mo for cash returns. Annual cash flow comes to $7,319/yr on $95,804 deployed, and return on cash invested reaches 27.55% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 9.71%. Five-year ROI measures 143.53% and total cumulative return in cash totals $137,510.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,338/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2023

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

This beautiful home boasts three spacious bedrooms, two full bathrooms, and a bright, open-concept living and kitchen area that is perfect for both everyday living and entertaining. The kitchen impresses with a large island and granite countertops, ideal for cooking and gathering. Luxury vinyl plank flooring runs throughout the entire home, adding both style and durability. Nestled on a desirable corner lot, the property features a flat backyard and side yard, offering plenty of space for outdoor enjoyment or future landscaping projects.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22849, Shenandoah, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,317 (100%)
Owner Occupied HU	1,548 (66.8%)
Renter Occupied HU	424 (18.3%)
Vacant Housing Units	345 (14.9%)
Median Home Value	$210,897
Average Home Value	$268,755