737 Little Egypt RdMontereyVA24465
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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 Monterey at 737 Little Egypt Rd, Monterey, VA, 24465 priced at $1,390,000 pairs $2,329/mo rent with after a $6,803/mo payment. Total monthly income equals $2,329/mo. Return on cash invested is 4.44% in year one, and rental yield stands at 2.01% on a $1,390,000 basis. Equity gained on principal adds $8,969/yr, and 5% annual appreciation accumulates to $384,031 by year five. Five-year ROI measures 19.5% and total cumulative return in cash reaches $87,804. For financing, Ziffy Mortgage’s DSCR program evaluates $2,329/mo property income against a $6,803/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24465, Monterey, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 533 (54.5%) |
| Renter Occupied HU | 113 (11.6%) |
| Vacant Housing Units | 332 (33.9%) |
| Median Home Value | $238,393 |
| Average Home Value | $271,857 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
102
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