749 Blue Barn RdWakeVA23176
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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 Wake at 749 Blue Barn Rd, Wake, VA, 23176 generates $3,583/mo in rent, after a $5,384/mo payment. Total monthly income is $3,583/mo. Return on cash invested sits at 10.29% in year one, and rental yield is 3.91% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 50.9% and total cumulative return in cash sums $181,423. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,583/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23176, Wake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 237 (61.9%) |
| Renter Occupied HU | 41 (10.7%) |
| Vacant Housing Units | 105 (27.4%) |
| Median Home Value | $357,813 |
| Average Home Value | $414,905 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
5
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