124 Riverboat Ln WHartfieldVA23071
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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
Investment property for sale in Hartfield at 124 Riverboat Ln W, Hartfield, VA, 23071 at $599,000 posts ROI 15.51% with from $2,850/mo rent. Total monthly income equals $2,850/mo. Return on cash invested measures 15.51% and rental yield reads 5.71% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 78.98% and total cumulative return in cash totals $155,638. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,850/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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
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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.