The Ellwood Plan, Scotchtown EstatesMontpelierVA23192
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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 Montpelier at The Ellwood Plan, Scotchtown Estates, Montpelier, VA, 23192 priced at $674,950 converts $2,400/mo rent into after a $3,304/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 11.22% in year one, and rental yield reads 4.27% against a $674,950 entry. Equity gained on principal adds $4,355/yr, while 5% annual appreciation compiles into $186,476 by year five. Five-year ROI reaches 55.95% and total cumulative return in cash sums $124,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23192, Montpelier, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,763 (100%) |
| Owner Occupied HU | 2,363 (85.5%) |
| Renter Occupied HU | 282 (10.2%) |
| Vacant Housing Units | 118 ( 4.3%) |
| Median Home Value | $527,715 |
| Average Home Value | $559,830 |
Housing Distribution
Address Breakdown
Residential
2,687
Single Family
2,687
Multi-Family
0
Businesses
137
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Listed by: N/A • Shurm Homes
Mls Name: Shurm Homes
Mls ID: #N/A