LOT 6 Goode Station RdGoodeVA24556
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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 Goode at LOT 6 Goode Station Rd, Goode, VA, 24556 priced at $130,000 pairs $1,876/mo rent with $1,099/mo cash flow after a $636/mo payment. Total monthly income equals $1,876/mo, and annual cash flow comes to $13,190/yr on $43,095 invested. Return on cash invested is 50.52% in year one, and rental yield stands at 17.32% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 266.82% and total cumulative return in cash reaches $114,987. For financing, Ziffy Mortgage’s DSCR program evaluates $1,876/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
3.06 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jimmy Miller • JOHN STEWART WALKER, INC.
Mls Name: RVAR
Mls Provider:
Mls ID: #894015
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