8384 Main StPort RepublicVA24471
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Port Republic at 8384 Main St, Port Republic, VA, 24471 earns from $1,967/mo rent with a $2,570/mo payment. Total monthly income totals $1,967/mo. ROI tracks 11.92% on current figures, and rental yield reads 4.5% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 59.7% and total cumulative return in cash sums $103,125. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,967/mo property income instead of your personal income.
Single Family
Built in 1911
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24471, Port Republic, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 502 (76.3%) |
| Renter Occupied HU | 100 (15.2%) |
| Vacant Housing Units | 56 ( 8.5%) |
| Median Home Value | $482,075 |
| Average Home Value | $474,950 |
Housing Distribution
Address Breakdown
Residential
583
Single Family
583
Multi-Family
0
Businesses
15
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Nearby investment properties with comparable prices
Listed by: Charlie Ward • OLD DOMINION REALTY INC - AUGUSTA
Mls Name: GASAOR
Mls Provider:
Mls ID: #654750
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.