6497 Grove Hill CtGordonsvilleVA22942
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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 Gordonsville at 6497 Grove Hill Ct, Gordonsville, VA, 22942 generates $2,623/mo in rent and, after a $1,591/mo payment, leaves $680/mo in cash flow. Total monthly income is $2,623/mo, and annual cash flow is $8,159/yr on $107,738 invested. Return on cash invested sits at 27.48% in year one, and rental yield is 9.68% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 143.17% and total cumulative return in cash sums $154,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,623/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22942, Gordonsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,061 (100%) |
| Owner Occupied HU | 3,578 (70.7%) |
| Renter Occupied HU | 961 (19.0%) |
| Vacant Housing Units | 522 (10.3%) |
| Median Home Value | $367,492 |
| Average Home Value | $440,245 |
Housing Distribution
Address Breakdown
Residential
4,015
Single Family
3,978
Multi-Family
37
Businesses
212
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Listed by: JOYCE WASHINGTON • LONG & FOSTER - CHARLOTTESVILLE
Mls Name: CAAR
Mls ID: #670659