6500 Free Union RdFree UnionVA22940
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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 Free Union at 6500 Free Union Rd, Free Union, VA, 22940 generates $3,799/mo in rent, after a $3,999/mo payment. Total monthly income is $3,799/mo. Return on cash invested sits at 15.22% in year one, and rental yield is 5.58% on a $817,000 entry. Equity gained on principal adds $5,272/yr, while 5% annual appreciation builds toward $225,722 over five years. Five-year ROI reaches 77.36% and total cumulative return in cash sums $207,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,799/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22940, Free Union, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 384 (100%) |
| Owner Occupied HU | 243 (63.3%) |
| Renter Occupied HU | 59 (15.4%) |
| Vacant Housing Units | 82 (21.4%) |
| Median Home Value | $682,692 |
| Average Home Value | $745,905 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
32
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Listed by: Justine Beckham • THE HOGAN GROUP-CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #662286
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.