693 Many Waters LnFort ValleyVA22652
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
Rental property for sale in Fort Valley at 693 Many Waters Ln, Fort Valley, VA, 22652 priced at $995,000 pairs $2,300/mo rent with after a $4,870/mo payment. Total monthly income equals $2,300/mo. Return on cash invested is 6.69% in year one, and rental yield stands at 2.77% on a $995,000 basis. Equity gained on principal adds $6,421/yr, and 5% annual appreciation accumulates to $274,900 by year five. Five-year ROI measures 31.64% and total cumulative return in cash reaches $103,578. For financing, Ziffy Mortgage’s DSCR program evaluates $2,300/mo property income against a $4,870/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
63.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22652, Fort Valley, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 874 (100%) |
| Owner Occupied HU | 561 (64.2%) |
| Renter Occupied HU | 70 ( 8.0%) |
| Vacant Housing Units | 243 (27.8%) |
| Median Home Value | $363,333 |
| Average Home Value | $413,485 |
Housing Distribution
Address Breakdown
Residential
719
Single Family
719
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phyllis Guthrie • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #VASH2012008