693 Ivanhoe RdMax MeadowsVA24360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Max Meadows at 693 Ivanhoe Rd, Max Meadows, VA, 24360 earns from $1,500/mo rent with a $1,268/mo payment. Total monthly income totals $1,500/mo. ROI tracks 19.23% on current figures, and rental yield reads 6.95% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 98.94% and total cumulative return in cash sums $84,952. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1989
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24360, Max Meadows, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,912 (69.7%) |
| Renter Occupied HU | 458 (16.7%) |
| Vacant Housing Units | 375 (13.7%) |
| Median Home Value | $208,901 |
| Average Home Value | $235,506 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitch Anders • United Country Anders Realty & Auction
Mls Name: SWVAR
Mls ID: #103289