720 Jenkins Church RdCumberlandVA23040
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 Cumberland at 720 Jenkins Church Rd, Cumberland, VA, 23040 priced at $349,000 pairs $2,440/mo rent with $354/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,440/mo, and annual cash flow comes to $4,247/yr on $115,694 invested. Return on cash invested is 23.58% in year one, and rental yield stands at 8.39% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 122.24% and total cumulative return in cash reaches $141,420. For financing, Ziffy Mortgage’s DSCR program evaluates $2,440/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
3.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23040, Cumberland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,222 (100%) |
| Owner Occupied HU | 1,489 (67.0%) |
| Renter Occupied HU | 422 (19.0%) |
| Vacant Housing Units | 311 (14.0%) |
| Median Home Value | $237,573 |
| Average Home Value | $288,284 |
Housing Distribution
Address Breakdown
Residential
2,120
Single Family
2,120
Multi-Family
0
Businesses
124
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Listed by: Cory Metts • Hometown Realty
Mls Name: CVRMLS
Mls ID: #2531719