909 Mill Creek Rd, Luray, VA, 22835 | $42/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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909 Mill Creek Rd, Luray, VA, 22835 | $42/mo Cash Flow | Ziffy

Pending

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Luray at 909 Mill Creek Rd, Luray, VA, 22835 earns $42/mo cash flow from $1,889/mo rent with a $1,512/mo payment. Total monthly income totals $1,889/mo, and annual cash flow totals $507/yr on $102,434 capital. ROI tracks 20.4% on current figures, and rental yield reads 7.34% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 105.25% and total cumulative return in cash sums $107,813. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,889/mo property income instead of your personal income.

Single Family

Built in 1950

1.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting 3-bedroom, 2-bathroom home located just outside Luray town limits on scenic Mill Creek Road. Set on 1.32 acres, this 1,525 sq ft property offers breathtaking mountain views from both the front and back porches, along with a spacious backyard perfect for entertaining, gardening, or simply enjoying the outdoors. Inside, youll find all the classic touches of a cozy Ranch-style home, including original hardwood floors, built-in shelves, a brick fireplace, and charming wood cabinetry in the kitchen. The unfinished basement provides additional space with endless potential for customization. This home is being sold fully furnished, making it a perfect move-in-ready primary residence or an excellent opportunity for a vacation rental or investment property. Recent upgrades include a new HVAC system and septic system (2023), as well as a new hot water heater and pressure tank (2023). Two versatile outbuildings offer ample storage or space for animals. Don't miss this rare opportunity to own a piece of the Shenandoah Valley!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22835, Luray, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,019 (100%)
Owner Occupied HU	3,628 (60.3%)
Renter Occupied HU	1,352 (22.5%)
Vacant Housing Units	1,039 (17.3%)
Median Home Value	$279,664
Average Home Value	$327,532