14 Kirby StWest PtVA23181
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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 West Pt at 14 Kirby St, West Pt, VA, 23181 generates $1,673/mo in rent and, after a $624/mo payment, leaves $911/mo in cash flow. Total monthly income is $1,673/mo, and annual cash flow is $10,930/yr on $42,266 invested. Return on cash invested sits at 45.77% in year one, and rental yield is 15.75% on a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation builds toward $35,226 over five years. Five-year ROI reaches 241.27% and total cumulative return in cash sums $101,974. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,673/mo property income rather than buyer’s personal income.
Lot
Built in N/A
0.48 Acres 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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Listed by: Kim S. Williams • Sears Real Estate & Appraisals
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #1938628
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.