8643 Mill Creek Church RdPort RepublicVA24471
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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
Rental property for sale in Port Republic at 8643 Mill Creek Church Rd, Port Republic, VA, 24471 priced at $1,950,000 pairs $3,305/mo rent with after a $9,544/mo payment. Total monthly income equals $3,305/mo. Return on cash invested is 4.51% in year one, and rental yield stands at 2.03% on a $1,950,000 basis. Equity gained on principal adds $12,583/yr, and 5% annual appreciation accumulates to $538,749 by year five. Five-year ROI measures 19.87% and total cumulative return in cash reaches $125,537. For financing, Ziffy Mortgage’s DSCR program evaluates $3,305/mo property income against a $9,544/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1892
30 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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Listed by: Craig Anders • Cottonwood Commercial LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #664382