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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Broadway at 164 Alger Ln, Broadway, VA, 22815 listed at $244,900 pairs $1,789/mo rent with a $1,199/mo payment to leave $325/mo cash flow. Total monthly income runs $1,789/mo, and annual cash flow reaches $3,896/yr on $81,184 cash to close. Return on cash invested measures 24.71% in year one, and rental yield registers 8.77% at a $244,900 basis. Equity gained on principal adds $1,580/yr, and annual property appreciation at 5% supports $67,661 by year five. Five-year ROI tracks 128.31% and total cumulative return in cash totals $104,165. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,789/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.
| 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 |
Residential
3,788
Single Family
3,726
Multi-Family
62
Businesses
219
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brad Cohen • Connexa Real Estate
Mls Name: CAAR
Mls ID: #667920
