11560 Doronhurst DrProvidence ForgeVA23140
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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 Providence Forge at 11560 Doronhurst Dr, Providence Forge, VA, 23140 listed at $579,950 pairs $3,834/mo rent with a $2,839/mo payment to leave $367/mo cash flow. Total monthly income runs $3,834/mo, and annual cash flow reaches $4,401/yr on $190,804 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 7.93% at a $579,950 basis. Equity gained on principal adds $3,742/yr, and annual property appreciation at 5% supports $160,229 by year five. Five-year ROI tracks 115.71% and total cumulative return in cash totals $220,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,834/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.59 Acres lot
$N/A/sqft
No 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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Listed by: Jena Simpson • Long & Foster REALTORS
Mls Name: CVRMLS
Mls ID: #2533627