16494 Richmond TpkeBowling GreenVA22427
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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 Bowling Green at 16494 Richmond Tpke, Bowling Green, VA, 22427 offers a 8.34% rental yield on a $469,000 purchase with $3,260/mo rent. Total monthly income registers $3,260/mo, and a $2,296/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,471/yr on $155,474 to close, and return on cash invested stands at 23.43% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 121.42% and total cumulative return in cash at $188,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,260/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22427, Bowling Green, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,137 (69.8%) |
| Renter Occupied HU | 354 (21.7%) |
| Vacant Housing Units | 139 ( 8.5%) |
| Median Home Value | $314,093 |
| Average Home Value | $358,898 |
Housing Distribution
Address Breakdown
Residential
1,302
Single Family
1,302
Multi-Family
0
Businesses
186
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Listed by: Mark Bissoon • American All Star Realty, LLC
Mls Name: Bright MLS
Mls ID: #VACV2008964