








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Shipman at 763 Findlay Mountain Rd, Shipman, VA, 22971 offers a 8.86% rental yield on a $390,000 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $1,909/mo payment leaves $549/mo available for distribution. Annual cash flow reaches $6,582/yr on $129,285 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 129.88% and total cumulative return in cash at $167,912. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
11.05 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22971, Shipman, VA area.
| 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 |
Residential
769
Single Family
738
Multi-Family
31
Businesses
14
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Sold | $390,000 |
| 2025-08-04 | Pending sale | $399,000 |
| 2025-07-02 | Price change | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-27 | $2052.70 | N/A | $315,800 | N/A |
| 2022-10-27 | $2052.70 | 15.71% | $315,800 | 28.17% |
| 2021-10-27 | $1774.08 | N/A | $246,400 | N/A |



Listed by: GAVIN K SHERWOOD • YES REALTY PARTNERS
Mls Name: CAAR
Mls Provider:
Mls ID: #664549