640 Jones Mill RdCanaVA24317
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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 Cana at 640 Jones Mill Rd, Cana, VA, 24317 priced at $975,000 pairs $0/mo rent with after a $4,772/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.74% in year one, and rental yield stands at 0% on a $975,000 basis. Equity gained on principal adds $6,292/yr, and 5% annual appreciation accumulates to $269,375 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $4,772/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24317, Cana, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,988 (100%) |
| Owner Occupied HU | 1,277 (64.2%) |
| Renter Occupied HU | 338 (17.0%) |
| Vacant Housing Units | 373 (18.8%) |
| Median Home Value | $142,663 |
| Average Home Value | $201,498 |
Housing Distribution
Address Breakdown
Residential
1,701
Single Family
1,701
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Bonnie B. Limbrick • Keller Williams
Mls Name: LMLS
Mls Provider:
Mls ID: #359322
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.