974 Sundance Retreat LnNew MarketVA22844
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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
Investment property for sale in New Market at 974 Sundance Retreat Ln, New Market, VA, 22844 uses $69,615 cash to close to unlock $2,490/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,463/mo, and a $1,028/mo payment keeps the spread at $208/mo. Purchase price stands at $210,000, and rental yield measures 8.36% with $1,463/mo rent. Return on cash invested shows 23.49% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash records $84,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,463/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1982
3.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22844, New Market, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,123 (100%) |
| Owner Occupied HU | 1,319 (62.1%) |
| Renter Occupied HU | 531 (25.0%) |
| Vacant Housing Units | 273 (12.9%) |
| Median Home Value | $314,916 |
| Average Home Value | $399,321 |
Housing Distribution
Address Breakdown
Residential
1,880
Single Family
1,801
Multi-Family
79
Businesses
169
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Listed by: Amanda Downs • LPT Realty, LLC
Mls Name: Bright MLS
Mls ID: #VASH2012638