818 Mineral AveMineralVA23117
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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
Investment property for sale in Mineral at 818 Mineral Ave, Mineral, VA, 23117 listed at $346,900 pairs $3,197/mo rent with a $1,698/mo payment to leave $1,123/mo cash flow. Total monthly income runs $3,197/mo, and annual cash flow reaches $13,478/yr on $114,997 cash to close. Return on cash invested measures 31.63% in year one, and rental yield registers 11.06% at a $346,900 basis. Equity gained on principal adds $2,238/yr, and annual property appreciation at 5% supports $95,842 by year five. Five-year ROI tracks 165.46% and total cumulative return in cash totals $190,273. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,197/mo property income relative to a $1,698/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
9,409 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23117, Mineral, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,251 (100%) |
| Owner Occupied HU | 4,077 (65.2%) |
| Renter Occupied HU | 657 (10.5%) |
| Vacant Housing Units | 1,517 (24.3%) |
| Median Home Value | $377,189 |
| Average Home Value | $457,564 |
Housing Distribution
Address Breakdown
Residential
5,571
Single Family
5,570
Multi-Family
1
Businesses
228
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