1600 Virginia AveVictoriaVA23974
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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 Victoria at 1600 Virginia Ave, Victoria, VA, 23974 offers a 9.32% rental yield on a $124,700 purchase with $969/mo rent. Total monthly income registers $969/mo, and a $610/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,687/yr on $41,338 to close, and return on cash invested stands at 26.41% in year one. Equity gained on principal adds $805/yr while 5% annual appreciation supports $34,452 over five years. Portfolio math shows five-year ROI at 137.41% and total cumulative return in cash at $56,803. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $969/mo property income against a $610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23974, Victoria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,079 (100%) |
| Owner Occupied HU | 1,185 (57.0%) |
| Renter Occupied HU | 542 (26.1%) |
| Vacant Housing Units | 352 (16.9%) |
| Median Home Value | $162,056 |
| Average Home Value | $210,432 |
Housing Distribution
Address Breakdown
Residential
1,508
Single Family
1,508
Multi-Family
0
Businesses
112
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