748 Findlay Mountain RdShipmanVA22971
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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 Shipman at 748 Findlay Mountain Rd, Shipman, VA, 22971 priced at $749,500 pairs $3,966/mo rent with after a $3,668/mo payment. Total monthly income equals $3,966/mo. Return on cash invested is 17.56% in year one, and rental yield stands at 6.35% on a $749,500 basis. Equity gained on principal adds $4,836/yr, and 5% annual appreciation accumulates to $207,073 by year five. Five-year ROI measures 89.94% and total cumulative return in cash reaches $221,777. For financing, Ziffy Mortgage’s DSCR program evaluates $3,966/mo property income against a $3,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
76.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22971, Shipman, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 426 (60.9%) |
| Renter Occupied HU | 133 (19.0%) |
| Vacant Housing Units | 140 (20.0%) |
| Median Home Value | $313,514 |
| Average Home Value | $375,974 |
Housing Distribution
Address Breakdown
Residential
769
Single Family
738
Multi-Family
31
Businesses
14
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Listed by: Steve White • HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #657840
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.