Simmons Gap RdDykeVA22935
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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 Dyke at Simmons Gap Rd, Dyke, VA, 22935 listed at $189,000 pairs $2,110/mo rent with a $925/mo payment to leave $980/mo cash flow. Total monthly income runs $2,110/mo, and annual cash flow reaches $11,763/yr on $62,654 cash to close. Return on cash invested measures 38.68% in year one, and rental yield registers 13.4% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 203.29% and total cumulative return in cash totals $127,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,110/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22935, Dyke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 485 (100%) |
| Owner Occupied HU | 355 (73.2%) |
| Renter Occupied HU | 68 (14.0%) |
| Vacant Housing Units | 62 (12.8%) |
| Median Home Value | $480,147 |
| Average Home Value | $579,620 |
Housing Distribution
Address Breakdown
Residential
362
Single Family
362
Multi-Family
0
Businesses
15
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Listed by: Charlotte Dammann • MCLEAN FAULCONER INC., REALTOR
Mls Name: CAAR
Mls Provider:
Mls ID: #621178
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.