119 Birchtree LnConcordVA24538
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 Concord at 119 Birchtree Ln, Concord, VA, 24538 at $176,800 posts ROI 22.15% with $109/mo cash flow from $1,166/mo rent. Total monthly income equals $1,166/mo, and annual cash flow records $1,314/yr on $58,609 to close. Return on cash invested measures 22.15% and rental yield reads 7.91% at the current $176,800. Equity gained on principal adds $1,141/yr, and 5% annual appreciation supports $48,847 by year five. Five-year ROI prints 114.63% and total cumulative return in cash totals $67,184.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,166/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24538, Concord, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,694 (78.5%) |
| Renter Occupied HU | 292 (13.5%) |
| Vacant Housing Units | 171 ( 7.9%) |
| Median Home Value | $245,186 |
| Average Home Value | $276,281 |
Housing Distribution
Address Breakdown
Residential
1,929
Single Family
1,929
Multi-Family
0
Businesses
119
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