920 Wagon Shop RdMiddlebrookVA24459
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play920 Wagon Shop Rd, Middlebrook, VA, 24459 in Middlebrook is priced for appreciation, not yield. Rental yield 4.16%. At $725,000 with a 4.16% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $200,304 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.77) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $157,023.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 6.2% |
| Monthly Cash Flow | $(1,822) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,512 |
| Total Monthly Debt Service | $4,045 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
7.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24459, Middlebrook, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 339 (100%) |
| Owner Occupied HU | 229 (67.6%) |
| Renter Occupied HU | 44 (13.0%) |
| Vacant Housing Units | 66 (19.5%) |
| Median Home Value | $527,893 |
| Average Home Value | $495,328 |
Housing Distribution
Address Breakdown
Residential
333
Single Family
333
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2014
7.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24459, Middlebrook, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 339 (100%) |
| Owner Occupied HU | 229 (67.6%) |
| Renter Occupied HU | 44 (13.0%) |
| Vacant Housing Units | 66 (19.5%) |
| Median Home Value | $527,893 |
| Average Home Value | $495,328 |
Housing Distribution
Address Breakdown
Residential
333
Single Family
333
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kk Homes Team • LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
Mls Name: GASAOR
Mls Provider:
Mls ID: #663329
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.