98 Normans Corner RdFarnhamVA22460
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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 Farnham at 98 Normans Corner Rd, Farnham, VA, 22460 at $410,000 posts ROI 19.03% with from $2,352/mo rent. Total monthly income equals $2,352/mo. Return on cash invested measures 19.03% and rental yield reads 6.88% at the current $410,000. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 by year five. Five-year ROI prints 97.87% and total cumulative return in cash totals $133,019. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,352/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22460, Farnham, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 585 (53.7%) |
| Renter Occupied HU | 188 (17.3%) |
| Vacant Housing Units | 316 (29.0%) |
| Median Home Value | $266,593 |
| Average Home Value | $311,872 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
16
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