Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 701 Horseshoe Cir, Stuarts Draft, VA, 24477 generates $2,566/mo in rent and, after a $1,957/mo payment, leaves $176/mo in cash flow. Total monthly income is $2,566/mo, and annual cash flow is $2,109/yr on $132,567 invested. Return on cash invested sits at 21.5% in year one, and rental yield is 7.7% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 111.1% and total cumulative return in cash sums $147,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,566/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
1.37 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $399,900 |
| 2024-04-08 | Sold | $340,000 |
| 2021-11-15 | Sold | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $1669.20 | 22.89% | $321,000 | 48.89% |
| 2023-05-29 | $1358.28 | N/A | $215,600 | N/A |
| 2022-05-29 | $1358.28 | N/A | $215,600 | N/A |
Listed by: NATALIE WARD CAMPBELL • OLD DOMINION REALTY INC - AUGUSTA
Mls Name: CAAR
Mls Provider:
Mls ID: #665070
