95 Indian Pointe DrHardyVA24101
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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 Hardy at 95 Indian Pointe Dr, Hardy, VA, 24101 priced at $435,000 converts $2,627/mo rent into after a $2,129/mo obligation. Total monthly income equals $2,627/mo. Return on cash invested prints 19.3% in year one, and rental yield reads 7.25% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 99.6% and total cumulative return in cash sums $143,628. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,627/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.52 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24101, Hardy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,436 (78.5%) |
| Renter Occupied HU | 265 ( 8.5%) |
| Vacant Housing Units | 402 (13.0%) |
| Median Home Value | $362,342 |
| Average Home Value | $426,026 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
250
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Listed by: Julie R Link • RE/MAX LAKEFRONT REALTY INC
Mls Name: RVAR
Mls Provider:
Mls ID: #915167
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