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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 Fort Defiance at 81 Cedar Creek Ln, Fort Defiance, VA, 24437 offers $3,172/mo rent that, after a $3,387/mo payment. Total monthly income is $3,172/mo. Return on cash invested measures 14.98% in year one, and rental yield stands at 5.5% at a $692,000 entry. Equity gained on principal adds $4,465/yr while 5% annual appreciation compounds into $191,187 by year five. Five-year ROI records 76.08% and total cumulative return in cash reaches $173,220. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,172/mo property income versus a $3,387/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24437, Fort Defiance, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 298 (81.4%) |
| Renter Occupied HU | 37 (10.1%) |
| Vacant Housing Units | 31 ( 8.5%) |
| Median Home Value | $345,133 |
| Average Home Value | $365,285 |
Residential
374
Single Family
374
Multi-Family
0
Businesses
10
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: CHERYL KULA • 1ST CHOICE REAL ESTATE
Mls Name: CAAR
Mls ID: #664202
