108 Bedford StDrakes BranchVA23937
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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 Drakes Branch at 108 Bedford St, Drakes Branch, VA, 23937 uses $41,438 cash to close to unlock $2,683/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $971/mo, and a $612/mo payment keeps the spread at $224/mo. Purchase price stands at $125,000, and rental yield measures 9.32% with $971/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 137.34% and total cumulative return in cash records $56,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $971/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1948
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23937, Drakes Branch, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 492 (58.4%) |
| Renter Occupied HU | 200 (23.7%) |
| Vacant Housing Units | 151 (17.9%) |
| Median Home Value | $164,189 |
| Average Home Value | $306,336 |
Housing Distribution
Address Breakdown
Residential
750
Single Family
718
Multi-Family
32
Businesses
47
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Listed by: Drew Dunn • Rockwood Realty Inc
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2521333
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 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.