1245 Graves Harbor Trl #2103HuddlestonVA24104
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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 Huddleston at 1245 Graves Harbor Trl #2103, Huddleston, VA, 24104 uses $40,277 cash to close to unlock $2,272/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $916/mo, and a $595/mo payment keeps the spread at $189/mo. Purchase price stands at $121,500, and rental yield measures 9.05% with $916/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $33,568 over five years. Five-year ROI reaches 132.9% and total cumulative return in cash records $53,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $916/mo property income covering a $595/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24104, Huddleston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 1,441 (50.4%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 1,216 (42.6%) |
| Median Home Value | $518,939 |
| Average Home Value | $582,353 |
Housing Distribution
Address Breakdown
Residential
1,875
Single Family
1,875
Multi-Family
0
Businesses
94
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Listed by: Jeffrey Eugene Sims • Legacy Realty and Development
Mls Name: LMLS
Mls ID: #358185