6448 Divers RdNew RiverVA24129
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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 New River at 6448 Divers Rd, New River, VA, 24129 priced at $199,500 pairs $1,553/mo rent with $361/mo cash flow after a $976/mo payment. Total monthly income equals $1,553/mo, and annual cash flow comes to $4,330/yr on $66,134 invested. Return on cash invested is 26.46% in year one, and rental yield stands at 9.34% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 137.68% and total cumulative return in cash reaches $91,051. For financing, Ziffy Mortgage’s DSCR program evaluates $1,553/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24129, New River, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
30
Single Family
1
Multi-Family
0
Businesses
2
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Listed by: Greg Hounshell • NextHome New River Valley
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #422371
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