6325 Blue Grass Valley RdMontereyVA24465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Monterey at 6325 Blue Grass Valley Rd, Monterey, VA, 24465 offers a 8.14% rental yield on a $370,000 purchase with $2,509/mo rent. Total monthly income registers $2,509/mo, and a $1,811/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,566/yr on $122,655 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $2,388/yr while 5% annual appreciation supports $102,224 over five years. Portfolio math shows five-year ROI at 118.19% and total cumulative return in cash at $144,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,509/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
16.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24465, Monterey, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 533 (54.5%) |
| Renter Occupied HU | 113 (11.6%) |
| Vacant Housing Units | 332 (33.9%) |
| Median Home Value | $238,393 |
| Average Home Value | $271,857 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
102
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