10304 Bayberry LnSpotsylvaniaVA22553
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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 Spotsylvania at 10304 Bayberry Ln, Spotsylvania, VA, 22553 uses $120,964 cash to close to unlock $2,768/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $2,412/mo, and a $1,786/mo payment keeps the spread at $231/mo. Purchase price stands at $364,900, and rental yield measures 7.93% with $2,412/mo rent. Return on cash invested shows 22.2% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 114.84% and total cumulative return in cash records $138,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,412/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1987
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22553, Spotsylvania, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 4,810 (78.1%) |
| Renter Occupied HU | 1,001 (16.3%) |
| Vacant Housing Units | 345 ( 5.6%) |
| Median Home Value | $518,692 |
| Average Home Value | $535,731 |
Housing Distribution
Address Breakdown
Residential
6,110
Single Family
5,950
Multi-Family
160
Businesses
428
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Listed by: Elise Dunton • NOVA to COVA Realty, Inc.
Mls Name: Bright MLS
Mls ID: #VASP2037046