124 Riverboat Ln WHartfieldVA23071
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 124 Riverboat Ln W, Hartfield, VA, 23071 in Hartfield. Rental yield 5.71%. At $599,000 with 5.71% gross yield, current distributions are modest, but the 5% appreciation rate projects $165,493 in new equity by year five, complemented by $5,517/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.06) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $178,612.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.2% |
| Monthly Cash Flow | $(747) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,850 |
| Total Monthly Debt Service | $3,359 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
1.63 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23071, Hartfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 659 (62.0%) |
| Renter Occupied HU | 87 ( 8.2%) |
| Vacant Housing Units | 317 (29.8%) |
| Median Home Value | $374,638 |
| Average Home Value | $458,259 |
Housing Distribution
Address Breakdown
Residential
777
Single Family
777
Multi-Family
0
Businesses
67
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
Single Family
Built in 2007
1.63 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23071, Hartfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 659 (62.0%) |
| Renter Occupied HU | 87 ( 8.2%) |
| Vacant Housing Units | 317 (29.8%) |
| Median Home Value | $374,638 |
| Average Home Value | $458,259 |
Housing Distribution
Address Breakdown
Residential
777
Single Family
777
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: R.D. Johnson II • Mason Realty, Inc.
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #2425321
Disclaimer: All or a portion of the multiple Listing information is provided by the CBRAR Property Services, Inc. Multiple Listing Service, from a copyrighted compilation of Listings. All CBRAR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2024 CBRAR Property Services, Inc. All rights reserved.