The Sullivan Plan, Elk Creek Landing, Mineral, VA, 23117 | 6.36% Rental Yield

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The Sullivan Plan, Elk Creek Landing, Mineral, VA, 23117 | 6.36% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mineral at The Sullivan Plan, Elk Creek Landing, Mineral, VA, 23117 at $599,990 posts ROI 17.36% with from $3,180/mo rent. Total monthly income equals $3,180/mo. Return on cash invested measures 17.36% and rental yield reads 6.36% at the current $599,990. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,766 by year five. Five-year ROI prints 88.94% and total cumulative return in cash totals $175,557. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

N/A lot

$N/A/sqft

$38 monthly HOA

More details about the property

Welcome to The Sullivan by West Homes, a thoughtfully designed home offering over 2,400 sq. ft. of comfortable living space. The first floor features a private primary suite, a spacious great room, and a kitchen with breakfast area and large pantry, while upstairs includes three additional bedrooms and a versatile loft. This plan can be personalized with a wide variety of options, such as a breakfast nook or rear bump out, double bowl vanities, luxury bath layouts with freestanding tub or expanded showers, built-in bookshelves with fireplace, side-entry garage, and upgraded kitchen designs with staggered cabinets or double wall ovens. Additional enhancements like tray ceilings, fireplaces, an extended loft, or a second-floor hall bath with double vanities allow you to tailor the Sullivan to your family's lifestyle.

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