162 Providence RdFriesVA24330
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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 Fries at 162 Providence Rd, Fries, VA, 24330 with 5% annual appreciation on a $164,900 basis while $0/mo rent supports operations. 73% in year one. Equity gained on principal adds $1,064/yr, and five-year appreciation sums $45,559 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $807/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24330, Fries, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,939 (100%) |
| Owner Occupied HU | 1,131 (58.3%) |
| Renter Occupied HU | 316 (16.3%) |
| Vacant Housing Units | 492 (25.4%) |
| Median Home Value | $132,165 |
| Average Home Value | $171,885 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,397
Multi-Family
31
Businesses
50
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