922 Patton Farm RdStuarts DraftVA24477
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
Investment Highlights
Investment property for sale in Stuarts Draft at 922 Patton Farm Rd, Stuarts Draft, VA, 24477 uses $94,478 cash to close to unlock $4,779/yr annual cash flow and $398/mo monthly cash flow. Total monthly income runs $2,102/mo, and a $1,395/mo payment keeps the spread at $398/mo. Purchase price stands at $285,000, and rental yield measures 8.85% with $2,102/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 129.74% and total cumulative return in cash records $122,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,102/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1991
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,643
Single Family
4,497
Multi-Family
146
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: HEARTHSTONE REALTY GROUP TEAM • NEST REALTY GROUP STAUNTON
Mls Name: CAAR
Mls Provider:
Mls ID: #668250