16112 N Mountain Rd, Broadway, VA, 22815 | $621/mo Cash Flow

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16112 N Mountain Rd, Broadway, VA, 22815 | $621/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Broadway at 16112 N Mountain Rd, Broadway, VA, 22815 listed at $175,000 pairs $1,668/mo rent with a $857/mo payment to leave $621/mo cash flow. Total monthly income runs $1,668/mo, and annual cash flow reaches $7,457/yr on $58,013 cash to close. Return on cash invested measures 32.76% in year one, and rental yield registers 11.44% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 171.53% and total cumulative return in cash totals $99,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,668/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1947

0.91 Acres lot

$N/A/sqft

No HOA

More details about the property

Bring your vision and make this cottage your own! This one-level home offers a traditional layout and plenty of potential for the right buyer. The property features a level yard with mature trees and room for gardening or outdoor living. With some repairs and updates, it could be transformed into a charming retreat, rental property, or starter home. Located just a short drive to Broadways restaurants, shops, and schools, while still offering the peace of a country setting. If youre looking for a project you can truly make your own, dont miss this opportunity! Unlikely to qualify for financing. Sold as-is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,958 (100%)
Owner Occupied HU	2,754 (69.6%)
Renter Occupied HU	907 (22.9%)
Vacant Housing Units	297 ( 7.5%)
Median Home Value	$299,893
Average Home Value	$378,164