718 Traveller StMineralVA23117
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 Mineral at 718 Traveller St, Mineral, VA, 23117 generates $3,982/mo in rent, after a $3,536/mo payment. Total monthly income is $3,982/mo. Return on cash invested sits at 18.36% in year one, and rental yield is 6.61% on a $722,500 entry. Equity gained on principal adds $4,662/yr, while 5% annual appreciation builds toward $199,613 over five years. Five-year ROI reaches 94.23% and total cumulative return in cash sums $223,992. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,982/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23117, Mineral, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,251 (100%) |
| Owner Occupied HU | 4,077 (65.2%) |
| Renter Occupied HU | 657 (10.5%) |
| Vacant Housing Units | 1,517 (24.3%) |
| Median Home Value | $377,189 |
| Average Home Value | $457,564 |
Housing Distribution
Address Breakdown
Residential
5,571
Single Family
5,570
Multi-Family
1
Businesses
228
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices