15493 Siesta AveBristolVA24202
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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 Bristol at 15493 Siesta Ave, Bristol, VA, 24202 uses $91,163 cash to close to unlock $3,601/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,944/mo, and a $1,346/mo payment keeps the spread at $300/mo. Purchase price stands at $275,000, and rental yield measures 8.48% with $1,944/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 123.79% and total cumulative return in cash records $112,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,944/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1972
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24202, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,750 (100%) |
| Owner Occupied HU | 4,280 (74.4%) |
| Renter Occupied HU | 832 (14.5%) |
| Vacant Housing Units | 638 (11.1%) |
| Median Home Value | $235,876 |
| Average Home Value | $327,336 |
Housing Distribution
Address Breakdown
Residential
5,715
Single Family
5,715
Multi-Family
0
Businesses
402
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