130 Riverview AveWater ViewVA23180
Nearby investment properties with comparable rents
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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
Rental property for sale in Water View at 130 Riverview Ave, Water View, VA, 23180 priced at $850,000 converts $1,486/mo rent into after a $4,160/mo obligation. Total monthly income equals $1,486/mo. Return on cash invested prints 4.63% in year one, and rental yield reads 2.1% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 20.63% and total cumulative return in cash sums $57,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,486/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23180, Water View, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 244 (100%) |
| Owner Occupied HU | 130 (53.3%) |
| Renter Occupied HU | 39 (16.0%) |
| Vacant Housing Units | 75 (30.7%) |
| Median Home Value | $400,000 |
| Average Home Value | $478,365 |
Housing Distribution
Address Breakdown
Residential
199
Single Family
199
Multi-Family
0
Businesses
3
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Listed by: Betsy Stanley • Shaheen,Ruth, Martin & Fonville Real Estate
Mls Name: Northern Neck AOR
Mls ID: #117569
Disclaimer: Copyright Northern Neck Association of Realtors. All rights reserved. Listing information is deemed reliable, but not guaranteed.