65 Mountain Deer RunWest AugustaVA24485
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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 West Augusta at 65 Mountain Deer Run, West Augusta, VA, 24485 priced at $499,999 converts $2,546/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,546/mo. Return on cash invested prints 16.7% in year one, and rental yield reads 6.11% against a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 85.39% and total cumulative return in cash sums $141,535. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,546/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1979
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24485, West Augusta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 161 (51.1%) |
| Renter Occupied HU | 20 ( 6.3%) |
| Vacant Housing Units | 134 (42.5%) |
| Median Home Value | $303,191 |
| Average Home Value | $404,193 |
Housing Distribution
Address Breakdown
Residential
197
Single Family
197
Multi-Family
0
Businesses
2
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Listed by: LAURA R FLOYD • 1ST CHOICE REAL ESTATE
Mls Name: CAAR
Mls ID: #670188