Leigh CO Plan, Compass CoveMineralVA23117
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
Rental property for sale in Mineral at Leigh CO Plan, Compass Cove, Mineral, VA, 23117 priced at $638,950 converts $3,955/mo rent into $53/mo cash flow after a $3,127/mo obligation. Total monthly income equals $3,955/mo, and annual cash flow totals $634/yr on $210,215 invested. Return on cash invested prints 20.36% in year one, and rental yield reads 7.43% against a $638,950 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation compiles into $176,530 by year five. Five-year ROI reaches 105.12% and total cumulative return in cash sums $220,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,955/mo property income covering a $3,127/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$83 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23117, Mineral, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,251 (100%) |
| Owner Occupied HU | 4,077 (65.2%) |
| Renter Occupied HU | 657 (10.5%) |
| Vacant Housing Units | 1,517 (24.3%) |
| Median Home Value | $377,189 |
| Average Home Value | $457,564 |
Housing Distribution
Address Breakdown
Residential
5,571
Single Family
5,570
Multi-Family
1
Businesses
228
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