621 Adair Hill DrRockbridge BathsVA24473
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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 Rockbridge Baths at 621 Adair Hill Dr, Rockbridge Baths, VA, 24473 priced at $399,000 pairs $2,377/mo rent with after a $1,953/mo payment. Total monthly income equals $2,377/mo. Return on cash invested is 19.83% in year one, and rental yield stands at 7.15% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 102.16% and total cumulative return in cash reaches $135,122. For financing, Ziffy Mortgage’s DSCR program evaluates $2,377/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
5.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24473, Rockbridge Baths, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 369 (62.6%) |
| Renter Occupied HU | 79 (13.4%) |
| Vacant Housing Units | 141 (23.9%) |
| Median Home Value | $282,778 |
| Average Home Value | $373,293 |
Housing Distribution
Address Breakdown
Residential
412
Single Family
412
Multi-Family
0
Businesses
11
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Listed by: Melissa C. Hennis • Howard Hanna R E Services
Mls Name: Rockbridge Highlands REALTORS
Mls ID: #139411