9020 Old Turnpike RdAftonVA22920
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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 Afton at 9020 Old Turnpike Rd, Afton, VA, 22920 offers a 11.5% rental yield on a $199,000 purchase with $1,907/mo rent. Total monthly income registers $1,907/mo, and a $974/mo payment leaves $717/mo available for distribution. Annual cash flow reaches $8,609/yr on $65,969 to close, and return on cash invested stands at 32.96% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 172.58% and total cumulative return in cash at $113,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,907/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
7.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22920, Afton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 1,405 (70.5%) |
| Renter Occupied HU | 286 (14.3%) |
| Vacant Housing Units | 303 (15.2%) |
| Median Home Value | $544,771 |
| Average Home Value | $639,324 |
Housing Distribution
Address Breakdown
Residential
1,906
Single Family
1,906
Multi-Family
0
Businesses
59
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Listed by: Tommy Brannock • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls Provider:
Mls ID: #654961
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.