720 Adney Gap RdCallawayVA24067
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 Callaway at 720 Adney Gap Rd, Callaway, VA, 24067 offers $2,470/mo rent that, after a $2,080/mo payment. Total monthly income is $2,470/mo. Return on cash invested measures 19.31% in year one, and rental yield stands at 6.97% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 99.35% and total cumulative return in cash reaches $139,973. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,470/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
3.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24067, Callaway, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 795 (71.8%) |
| Renter Occupied HU | 159 (14.4%) |
| Vacant Housing Units | 154 (13.9%) |
| Median Home Value | $302,049 |
| Average Home Value | $352,484 |
Housing Distribution
Address Breakdown
Residential
963
Single Family
963
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices