829 Moorman Mill RdRustburgVA24588
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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 Rustburg at 829 Moorman Mill Rd, Rustburg, VA, 24588 with 5% annual appreciation on a $229,950 basis while $1,810/mo rent supports operations. Total monthly income totals $1,810/mo and a $1,125/mo payment preserves $436/mo for cash returns. Annual cash flow comes to $5,231/yr on $76,228 deployed, and return on cash invested reaches 26.77% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,531 alongside rental yield of 9.45%. Five-year ROI measures 139.35% and total cumulative return in cash totals $106,227.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,810/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2004
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,025 (100%) |
| Owner Occupied HU | 2,961 (73.6%) |
| Renter Occupied HU | 721 (17.9%) |
| Vacant Housing Units | 343 ( 8.5%) |
| Median Home Value | $254,650 |
| Average Home Value | $251,510 |
Housing Distribution
Address Breakdown
Residential
3,969
Single Family
3,969
Multi-Family
0
Businesses
252
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