963 Pedro Pitts RdCaretVA22436
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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 Caret at 963 Pedro Pitts Rd, Caret, VA, 22436 with 5% annual appreciation on a $249,000 basis while $1,763/mo rent supports operations. Total monthly income totals $1,763/mo and a $1,219/mo payment preserves $274/mo for cash returns. Annual cash flow comes to $3,291/yr on $82,544 deployed, and return on cash invested reaches 23.9% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 8.5%. Five-year ROI measures 124% and total cumulative return in cash totals $102,356.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,763/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22436, Caret, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 189 (100%) |
| Owner Occupied HU | 140 (74.1%) |
| Renter Occupied HU | 28 (14.8%) |
| Vacant Housing Units | 21 (11.1%) |
| Median Home Value | $202,778 |
| Average Home Value | $211,571 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
5
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