802 9th St, Shenandoah, VA, 22849 | $510/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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802 9th St, Shenandoah, VA, 22849 | $510/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shenandoah at 802 9th St, Shenandoah, VA, 22849 with 5% annual appreciation on a $315,000 basis while $2,393/mo rent supports operations. Total monthly income totals $2,393/mo and a $1,542/mo payment preserves $510/mo for cash returns. Annual cash flow comes to $6,117/yr on $104,423 deployed, and return on cash invested reaches 25.77% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.12%. Five-year ROI measures 133.98% and total cumulative return in cash totals $139,901.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,393/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1987

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

One level ranch home on corner lot in Shenandoah with in ground pool perfect for outdoor entertaining. 4 bedrooms and 2 bathrooms with many updates throughout this home. Cozy living room with pellet stove, Additional rec room could be game room, fitness room, or additional bedroom. Gazebo, storage shed and outbuilding make for more possibilities outside. Convenient to schools, shopping and restaurants. Don't miss the gorgeous mountain views from the back yard and pool area.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22849, Shenandoah, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,317 (100%)
Owner Occupied HU	1,548 (66.8%)
Renter Occupied HU	424 (18.3%)
Vacant Housing Units	345 (14.9%)
Median Home Value	$210,897
Average Home Value	$268,755