11369 Pinewild DrProvidence ForgeVA23140
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 Providence Forge at 11369 Pinewild Dr, Providence Forge, VA, 23140 generates $6,538/mo in rent and, after a $3,539/mo payment, leaves $2,127/mo in cash flow. Total monthly income is $6,538/mo, and annual cash flow is $25,521/yr on $237,864 invested. Return on cash invested sits at 30.79% in year one, and rental yield is 10.85% on a $722,990 entry. Equity gained on principal adds $4,665/yr, while 5% annual appreciation builds toward $199,749 over five years. Five-year ROI reaches 161.04% and total cumulative return in cash sums $383,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,538/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.73 Acres lot
$N/A/sqft
$89 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23140, Providence Forge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 2,202 (82.6%) |
| Renter Occupied HU | 312 (11.7%) |
| Vacant Housing Units | 151 ( 5.7%) |
| Median Home Value | $418,526 |
| Average Home Value | $428,198 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,765
Multi-Family
0
Businesses
156
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Nearby investment properties with comparable prices
Listed by: Kim Sebrell • Keller Williams Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2411915
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.