159 Millard StBristolVA24201
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Nearby investment properties with comparable prices
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 159 Millard St, Bristol, VA, 24201 at $114,900 posts ROI 27.01% with $226/mo cash flow from $912/mo rent. Total monthly income equals $912/mo, and annual cash flow records $2,706/yr on $38,089 to close. Return on cash invested measures 27.01% and rental yield reads 9.52% at the current $114,900. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 by year five. Five-year ROI prints 140.74% and total cumulative return in cash totals $53,606.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $912/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24201, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,233 (100%) |
| Owner Occupied HU | 4,485 (54.5%) |
| Renter Occupied HU | 2,808 (34.1%) |
| Vacant Housing Units | 940 (11.4%) |
| Median Home Value | $189,531 |
| Average Home Value | $333,558 |
Housing Distribution
Address Breakdown
Residential
8,028
Single Family
7,263
Multi-Family
765
Businesses
715
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