0 Harris RdKilmarnockVA22482
Nearby investment properties with comparable rents
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
Rental property for sale in Kilmarnock at 0 Harris Rd, Kilmarnock, VA, 22482 priced at $179,000 converts $1,663/mo rent into $593/mo cash flow after a $876/mo obligation. Total monthly income equals $1,663/mo, and annual cash flow totals $7,117/yr on $59,339 invested. Return on cash invested prints 31.9% in year one, and rental yield reads 11.15% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 166.95% and total cumulative return in cash sums $99,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,663/mo property income covering a $876/mo payment, not borrower’s personal income.
Lot
Built in N/A
2.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22482, Kilmarnock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 1,051 (59.0%) |
| Renter Occupied HU | 255 (14.3%) |
| Vacant Housing Units | 474 (26.6%) |
| Median Home Value | $473,636 |
| Average Home Value | $521,606 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,296
Multi-Family
0
Businesses
363
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Nearby investment properties with comparable prices
Listed by: Kenneth E. Kuykendall • Middle Bay Realty - K
Mls Name: Northern Neck AOR
Mls ID: #101315
Disclaimer: Copyright Northern Neck Association of Realtors. All rights reserved. Listing information is deemed reliable, but not guaranteed.