8783 Dante Mountain RdDanteVA24237
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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 Dante at 8783 Dante Mountain Rd, Dante, VA, 24237 listed at $155,000 pairs $1,151/mo rent with a $759/mo payment to leave $224/mo cash flow. Total monthly income runs $1,151/mo, and annual cash flow reaches $2,689/yr on $51,383 cash to close. Return on cash invested measures 25.14% in year one, and rental yield registers 8.91% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 130.72% and total cumulative return in cash totals $67,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,151/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24237, Dante, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 440 (100%) |
| Owner Occupied HU | 268 (60.9%) |
| Renter Occupied HU | 83 (18.9%) |
| Vacant Housing Units | 89 (20.2%) |
| Median Home Value | $104,114 |
| Average Home Value | $114,701 |
Housing Distribution
Address Breakdown
Residential
397
Single Family
397
Multi-Family
0
Businesses
16
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Listed by: Connie S. Comer • Cedar Realty Group
Mls Name: SWVAR
Mls Provider:
Mls ID: #102984
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