9245 Mendota RdMendotaVA24270
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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
Rental property for sale in Mendota at 9245 Mendota Rd, Mendota, VA, 24270 generates $2,617/mo in rent, after a $3,421/mo payment. Total monthly income is $2,617/mo. Return on cash invested sits at 11.91% in year one, and rental yield is 4.49% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 59.65% and total cumulative return in cash sums $137,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,617/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24270, Mendota, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 270 (100%) |
| Owner Occupied HU | 175 (64.8%) |
| Renter Occupied HU | 46 (17.0%) |
| Vacant Housing Units | 49 (18.1%) |
| Median Home Value | $236,017 |
| Average Home Value | $255,471 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
11
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