1189 Crest RdgBedfordVA24523
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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
Rental property for sale in Bedford at 1189 Crest Rdg, Bedford, VA, 24523 priced at $270,000 converts $2,417/mo rent into $803/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,417/mo, and annual cash flow totals $9,630/yr on $89,505 invested. Return on cash invested prints 30.67% in year one, and rental yield reads 10.74% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 160.3% and total cumulative return in cash sums $143,473. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,417/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 2003
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24523, Bedford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,292 (100%) |
| Owner Occupied HU | 6,376 (68.6%) |
| Renter Occupied HU | 2,046 (22.0%) |
| Vacant Housing Units | 870 ( 9.4%) |
| Median Home Value | $309,924 |
| Average Home Value | $356,208 |
Housing Distribution
Address Breakdown
Residential
8,625
Single Family
8,183
Multi-Family
442
Businesses
751
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Listed by: Ronald Lee Gross • Lyons Team Realtors
Mls Name: LMLS
Mls Provider:
Mls ID: #351505
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.