12 EssieIrvingtonVA22480
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 Irvington at 12 Essie, Irvington, VA, 22480 priced at $467,945 converts $3,000/mo rent into $203/mo cash flow after a $2,290/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $2,437/yr on $155,124 invested. Return on cash invested prints 21.48% in year one, and rental yield reads 7.69% against a $467,945 entry. Equity gained on principal adds $3,020/yr, while 5% annual appreciation compiles into $129,285 by year five. Five-year ROI reaches 111.02% and total cumulative return in cash sums $172,212. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,290/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22480, Irvington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 782 (100%) |
| Owner Occupied HU | 321 (41.0%) |
| Renter Occupied HU | 204 (26.1%) |
| Vacant Housing Units | 257 (32.9%) |
| Median Home Value | $357,979 |
| Average Home Value | $472,040 |
Housing Distribution
Address Breakdown
Residential
464
Single Family
304
Multi-Family
160
Businesses
113
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