1419 Mill Creek RdWakeVA23176
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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 Wake at 1419 Mill Creek Rd, Wake, VA, 23176 earns from $2,670/mo rent with a $2,672/mo payment. Total monthly income totals $2,670/mo. ROI tracks 16.1% on current figures, and rental yield reads 5.87% at a $545,900 purchase. Equity gained on principal adds $3,523/yr, and 5% annual appreciation supports $150,822 over five years. Five-year ROI reaches 82.08% and total cumulative return in cash sums $147,414. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,670/mo property income instead of your personal income.
Single Family
Built in 2004
7.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23176, Wake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 237 (61.9%) |
| Renter Occupied HU | 41 (10.7%) |
| Vacant Housing Units | 105 (27.4%) |
| Median Home Value | $357,813 |
| Average Home Value | $414,905 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
5
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