16070 Burnley RdBarboursvilleVA22923
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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 Barboursville at 16070 Burnley Rd, Barboursville, VA, 22923 uses $132,600 cash to close to unlock $3,872/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $2,714/mo, and a $1,958/mo payment keeps the spread at $323/mo. Purchase price stands at $400,000, and rental yield measures 8.14% with $2,714/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 118.22% and total cumulative return in cash records $156,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,714/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2001
5.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22923, Barboursville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,327 (100%) |
| Owner Occupied HU | 1,630 (70.0%) |
| Renter Occupied HU | 527 (22.6%) |
| Vacant Housing Units | 170 ( 7.3%) |
| Median Home Value | $428,312 |
| Average Home Value | $484,903 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
62
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Listed by: MISCHELLE DUPREY • EPIQUE REALTY
Mls Name: CAAR
Mls ID: #669960