1012 Briarcliffe DrColonial 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 1012 Briarcliffe Dr, Colonial Heights, VA, 23834 offers a 10.19% rental yield on a $270,000 purchase with $2,293/mo rent. Total monthly income registers $2,293/mo, and a $1,322/mo payment leaves $679/mo available for distribution. Annual cash flow reaches $8,142/yr on $89,505 to close, and return on cash invested stands at 29.01% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 151.35% and total cumulative return in cash at $135,469. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,293/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
10,018 sqft lot
$N/A/sqft
No 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: Bethanne Ezzine Elamghari • EXP Realty LLC
Mls Name: CVRMLS
Mls ID: #2527900