1602 James River TrlCarrolltonVA23314
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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 Carrollton at 1602 James River Trl, Carrollton, VA, 23314 earns $910/mo cash flow from $2,344/mo rent with a $1,174/mo payment. Total monthly income totals $2,344/mo, and annual cash flow totals $10,921/yr on $79,527 capital. ROI tracks 33.64% on current figures, and rental yield reads 11.72% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 176.27% and total cumulative return in cash sums $140,179. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,344/mo property income instead of your personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23314, Carrollton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,391 (100%) |
| Owner Occupied HU | 3,098 (70.6%) |
| Renter Occupied HU | 1,001 (22.8%) |
| Vacant Housing Units | 292 ( 6.6%) |
| Median Home Value | $451,834 |
| Average Home Value | $522,582 |
Housing Distribution
Address Breakdown
Residential
4,094
Single Family
4,094
Multi-Family
0
Businesses
239
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Listed by: LJ Hunt • Iron Valley Real Est Norfolk
Mls Name: REIN Inc.
Mls ID: #10608641