101 Creff LnColonial HeightsVA23834
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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 Colonial Heights at 101 Creff Ln, Colonial Heights, VA, 23834 uses $93,118 cash to close to unlock $944/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,375/mo payment keeps the spread at $79/mo. Purchase price stands at $280,900, and rental yield measures 8.46% with $1,980/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $77,607 over five years. Five-year ROI reaches 109.04% and total cumulative return in cash records $101,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,375/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
6,534 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23834, Colonial Heights, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,722 (100%) |
| Owner Occupied HU | 7,589 (64.7%) |
| Renter Occupied HU | 3,580 (30.5%) |
| Vacant Housing Units | 553 ( 4.7%) |
| Median Home Value | $282,958 |
| Average Home Value | $320,515 |
Housing Distribution
Address Breakdown
Residential
10,969
Single Family
10,865
Multi-Family
104
Businesses
1,263
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Listed by: Wade Randolph • Premier Choice Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2422595
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.