The Hanover 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
Investment property for sale in Montpelier at The Hanover Plan, Scotchtown Estates, Montpelier, VA, 23192 listed at $829,950 pairs $2,400/mo rent with a $4,062/mo payment. Total monthly income runs $2,400/mo. Return on cash invested measures 8.8% in year one, and rental yield registers 3.47% at a $829,950 basis. Equity gained on principal adds $5,356/yr, and annual property appreciation at 5% supports $229,300 by year five. Five-year ROI tracks 42.98% and total cumulative return in cash totals $117,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $4,062/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Jill Matthews • Shurm Homes
Mls Name: Shurm Homes
Mls ID: #N/A