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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Stuarts Draft at 70 Jaspers Ln, Stuarts Draft, VA, 24477 offers $1,560/mo rent that, after a $2,741/mo payment. Total monthly income is $1,560/mo. Return on cash invested measures 8.42% in year one, and rental yield stands at 3.34% at a $560,000 entry. Equity gained on principal adds $3,614/yr while 5% annual appreciation compounds into $154,718 by year five. Five-year ROI records 40.92% and total cumulative return in cash reaches $75,389. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $2,741/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,623 (74.4%) |
| Renter Occupied HU | 980 (20.1%) |
| Vacant Housing Units | 268 ( 5.5%) |
| Median Home Value | $298,170 |
| Average Home Value | $328,375 |
Residential
4,643
Single Family
4,497
Multi-Family
146
Businesses
259
Date | Event | Price |
|---|---|---|
| 2024-11-27 | Sold | $560,000 |
| 2024-11-01 | Pending sale | $569,890 |
| 2024-10-22 | Price change | $569,890 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kathy Cassidy • D.R. Horton Realty of Virginia LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #656591
