0 Sparta RdBowling GreenVA22427
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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 Bowling Green at 0 Sparta Rd, Bowling Green, VA, 22427 generates $1,846/mo in rent and, after a $489/mo payment, leaves $1,249/mo in cash flow. Total monthly income is $1,846/mo, and annual cash flow is $14,984/yr on $33,150 invested. Return on cash invested sits at 65.11% in year one, and rental yield is 22.15% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 344.99% and total cumulative return in cash sums $114,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,846/mo property income rather than buyer’s personal income.
Lot
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22427, Bowling Green, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,137 (69.8%) |
| Renter Occupied HU | 354 (21.7%) |
| Vacant Housing Units | 139 ( 8.5%) |
| Median Home Value | $314,093 |
| Average Home Value | $358,898 |
Housing Distribution
Address Breakdown
Residential
1,302
Single Family
1,302
Multi-Family
0
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Mary-Margaret Pitts • Pitts & Manns Realty Inc
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2423405
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.