16128 Big RdBloxomVA23308
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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 Bloxom at 16128 Big Rd, Bloxom, VA, 23308 offers a 9.65% rental yield on a $239,000 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $1,170/mo payment leaves $493/mo available for distribution. Annual cash flow reaches $5,917/yr on $79,229 to close, and return on cash invested stands at 27.38% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 142.68% and total cumulative return in cash at $113,040. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23308, Bloxom, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,155 (100%) |
| Owner Occupied HU | 660 (57.1%) |
| Renter Occupied HU | 291 (25.2%) |
| Vacant Housing Units | 204 (17.7%) |
| Median Home Value | $230,882 |
| Average Home Value | $307,364 |
Housing Distribution
Address Breakdown
Residential
526
Single Family
526
Multi-Family
0
Businesses
24
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