99 Lake Point DrClarksvilleVA23927
Nearby investment properties with comparable rents
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 Clarksville at 99 Lake Point Dr, Clarksville, VA, 23927 listed at $629,000 pairs $3,244/mo rent with a $3,079/mo payment. Total monthly income runs $3,244/mo. Return on cash invested measures 17.07% in year one, and rental yield registers 6.19% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 87.29% and total cumulative return in cash totals $180,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,244/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23927, Clarksville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,539 (100%) |
| Owner Occupied HU | 1,613 (45.6%) |
| Renter Occupied HU | 504 (14.2%) |
| Vacant Housing Units | 1,422 (40.2%) |
| Median Home Value | $311,316 |
| Average Home Value | $370,203 |
Housing Distribution
Address Breakdown
Residential
2,488
Single Family
2,488
Multi-Family
0
Businesses
263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: J.C. Eldreth • Pointe Realty Group Kerr Lake
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71635