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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Stuarts Draft at 90 Morningview Ct, Stuarts Draft, VA, 24477 offers $2,160/mo rent that, after a $1,918/mo payment. Total monthly income is $2,160/mo. Return on cash invested measures 18.11% in year one, and rental yield stands at 6.62% at a $391,800 entry. Equity gained on principal adds $2,528/yr while 5% annual appreciation compounds into $108,247 by year five. Five-year ROI records 92.99% and total cumulative return in cash reaches $120,777. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,918/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,623 (74.4%) |
| Renter Occupied HU | 980 (20.1%) |
| Vacant Housing Units | 268 ( 5.5%) |
| Median Home Value | $298,170 |
| Average Home Value | $328,375 |
Residential
4,643
Single Family
4,497
Multi-Family
146
Businesses
259
Date | Event | Price |
|---|---|---|
| 2024-10-12 | Listed for sale | $391,800 |
| 2024-09-17 | Listing removed | $334,900 |
| 2024-06-16 | Listed for sale | $334,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christopher Burns • LONG & FOSTER - CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #657814
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
