1227 Kirby StWest PointVA23181
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 West Point at 1227 Kirby St, West Point, VA, 23181 priced at $255,000 pairs $1,843/mo rent with $319/mo cash flow after a $1,248/mo payment. Total monthly income equals $1,843/mo, and annual cash flow comes to $3,825/yr on $84,533 invested. Return on cash invested is 24.43% in year one, and rental yield stands at 8.67% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 126.83% and total cumulative return in cash reaches $107,216. For financing, Ziffy Mortgage’s DSCR program evaluates $1,843/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
5,436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23181, West Point, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,721 (100%) |
| Owner Occupied HU | 2,009 (73.8%) |
| Renter Occupied HU | 522 (19.2%) |
| Vacant Housing Units | 190 ( 7.0%) |
| Median Home Value | $321,447 |
| Average Home Value | $389,561 |
Housing Distribution
Address Breakdown
Residential
1,901
Single Family
1,861
Multi-Family
40
Businesses
208
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Nearby investment properties with comparable prices
Listed by: Brent Christian • United Real Estate Richmond
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2425140
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.