10209 Colemans Lake RdFordVA23850
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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 Ford at 10209 Colemans Lake Rd, Ford, VA, 23850 listed at $159,990 pairs $1,284/mo rent with a $783/mo payment to leave $328/mo cash flow. Total monthly income runs $1,284/mo, and annual cash flow reaches $3,932/yr on $53,037 cash to close. Return on cash invested measures 27.32% in year one, and rental yield registers 9.63% at a $159,990 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,202 by year five. Five-year ROI tracks 142.34% and total cumulative return in cash totals $75,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,284/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23850, Ford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 537 (100%) |
| Owner Occupied HU | 365 (68.0%) |
| Renter Occupied HU | 92 (17.1%) |
| Vacant Housing Units | 80 (14.9%) |
| Median Home Value | $276,293 |
| Average Home Value | $318,685 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
501
Multi-Family
0
Businesses
16
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