11231 Howard RdAmelia Court HouseVA23002
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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
Investment property for sale in Amelia Court House at 11231 Howard Rd, Amelia Court House, VA, 23002 offers a 9.44% rental yield on a $159,900 purchase with $1,258/mo rent. Total monthly income registers $1,258/mo, and a $783/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,621/yr on $53,007 to close, and return on cash invested stands at 26.74% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 139.24% and total cumulative return in cash at $73,806. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,258/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23002, Amelia Court House, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,666 (100%) |
| Owner Occupied HU | 3,552 (76.1%) |
| Renter Occupied HU | 728 (15.6%) |
| Vacant Housing Units | 386 ( 8.3%) |
| Median Home Value | $285,424 |
| Average Home Value | $322,610 |
Housing Distribution
Address Breakdown
Residential
4,454
Single Family
4,454
Multi-Family
0
Businesses
330
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Nearby investment properties with comparable prices
Listed by: Cassandra Snyder • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2428712
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 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.