97 Skys Limit CtReedvilleVA22539
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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 Reedville at 97 Skys Limit Ct, Reedville, VA, 22539 generates $2,550/mo in rent and, after a $2,080/mo payment, leaves $5/mo in cash flow. Total monthly income is $2,550/mo, and annual cash flow is $65/yr on $140,888 invested. Return on cash invested sits at 19.96% in year one, and rental yield is 7.2% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 102.83% and total cumulative return in cash sums $144,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1.28 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22539, Reedville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 971 (46.8%) |
| Renter Occupied HU | 129 ( 6.2%) |
| Vacant Housing Units | 976 (47.0%) |
| Median Home Value | $426,520 |
| Average Home Value | $491,202 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
63
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