64 Morningstar DrDillwynVA23936
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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
Rental property for sale in Dillwyn at 64 Morningstar Dr, Dillwyn, VA, 23936 priced at $170,000 converts $1,361/mo rent into $345/mo cash flow after a $832/mo obligation. Total monthly income equals $1,361/mo, and annual cash flow totals $4,138/yr on $56,355 invested. Return on cash invested prints 27.25% in year one, and rental yield reads 9.61% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 141.96% and total cumulative return in cash sums $80,001. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,361/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 2003
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23936, Dillwyn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,620 (62.8%) |
| Renter Occupied HU | 559 (21.7%) |
| Vacant Housing Units | 399 (15.5%) |
| Median Home Value | $239,356 |
| Average Home Value | $271,000 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
169
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