14 Spear PlReedvilleVA22539
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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 Reedville at 14 Spear Pl, Reedville, VA, 22539 priced at $539,500 pairs $2,099/mo rent with after a $2,641/mo payment. Total monthly income equals $2,099/mo. Return on cash invested is 12.37% in year one, and rental yield stands at 4.67% on a $539,500 basis. Equity gained on principal adds $3,481/yr, and 5% annual appreciation accumulates to $149,054 by year five. Five-year ROI measures 62.14% and total cumulative return in cash reaches $110,293. For financing, Ziffy Mortgage’s DSCR program evaluates $2,099/mo property income against a $2,641/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.56 Acres lot
$N/A/sqft
$135 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22539, Reedville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 971 (46.8%) |
| Renter Occupied HU | 129 ( 6.2%) |
| Vacant Housing Units | 976 (47.0%) |
| Median Home Value | $426,520 |
| Average Home Value | $491,202 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
63
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