10 Heatherfield CtKilmarnockVA22482
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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 Kilmarnock at 10 Heatherfield Ct, Kilmarnock, VA, 22482 offers a 8.2% rental yield on a $295,000 purchase with $2,015/mo rent. Total monthly income registers $2,015/mo, and a $1,444/mo payment leaves $36/mo available for distribution. Annual cash flow reaches $437/yr on $97,793 to close, and return on cash invested stands at 20.36% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 105.95% and total cumulative return in cash at $103,610. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,015/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
2,831 sqft lot
$N/A/sqft
$215 monthly 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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Listed by: Mary Burgess • Bragg & Company
Mls Name: Northern Neck AOR
Mls ID: #119048
Disclaimer: Copyright Northern Neck Association of Realtors. All rights reserved. Listing information is deemed reliable, but not guaranteed.