108 Circle DrPort HaywoodVA23138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Port Haywood at 108 Circle Dr, Port Haywood, VA, 23138 priced at $350,000 converts $2,915/mo rent into $823/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,915/mo, and annual cash flow totals $9,874/yr on $116,025 invested. Return on cash invested prints 28.42% in year one, and rental yield reads 9.99% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 148.2% and total cumulative return in cash sums $171,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,915/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1912
4.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23138, Port Haywood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 819 (100%) |
| Owner Occupied HU | 428 (52.3%) |
| Renter Occupied HU | 85 (10.4%) |
| Vacant Housing Units | 306 (37.4%) |
| Median Home Value | $386,250 |
| Average Home Value | $451,688 |
Housing Distribution
Address Breakdown
Residential
401
Single Family
401
Multi-Family
0
Businesses
26
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Listed by: Jennifer Waybright • Lighthouse Real Estate
Mls Name: Northern Neck AOR
Mls ID: #119416