11751 Dance DrDinwiddieVA23841
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
Investment property for sale in Dinwiddie at 11751 Dance Dr, Dinwiddie, VA, 23841 offers a 8.22% rental yield on a $368,000 purchase with $2,521/mo rent. Total monthly income registers $2,521/mo, and a $1,801/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,856/yr on $121,992 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $2,375/yr while 5% annual appreciation supports $101,672 over five years. Portfolio math shows five-year ROI at 119.54% and total cumulative return in cash at $145,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,521/mo property income against a $1,801/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
3.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23841, Dinwiddie, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 1,177 (72.6%) |
| Renter Occupied HU | 296 (18.3%) |
| Vacant Housing Units | 148 ( 9.1%) |
| Median Home Value | $290,595 |
| Average Home Value | $329,943 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,468
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices