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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Singers Glen at 7624 Candlestick Ln, Singers Glen, VA, 22850 priced at $520,000 converts $2,489/mo rent into after a $2,545/mo obligation. Total monthly income equals $2,489/mo. Return on cash invested prints 15.72% in year one, and rental yield reads 5.74% against a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,666 by year five. Five-year ROI reaches 80.05% and total cumulative return in cash sums $136,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,489/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Single Family
Built in 1994
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22850, Singers Glen, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 292 (76.2%) |
| Renter Occupied HU | 54 (14.1%) |
| Vacant Housing Units | 37 ( 9.7%) |
| Median Home Value | $408,955 |
| Average Home Value | $425,497 |
Residential
368
Single Family
368
Multi-Family
0
Businesses
21
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $520,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-11 | $2198.44 | N/A | $323,300 | N/A |
| 2022-04-11 | $2198.44 | 26.80% | $323,300 | 37.99% |
| 2021-04-11 | $1733.82 | N/A | $234,300 | N/A |
Listed by: Yvonne Pirkey • Funkhouser Real Estate Group
Mls Name: HRAR
Mls ID: #663027
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
