165 Newport RdSpottswoodVA24476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spottswood at 165 Newport Rd, Spottswood, VA, 24476 listed at $750,000 pairs $2,878/mo rent with a $3,671/mo payment. Total monthly income runs $2,878/mo. Return on cash invested measures 12.25% in year one, and rental yield registers 4.6% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 61.48% and total cumulative return in cash totals $151,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,878/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
26.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24476, Steeles Tavern, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 135 (100%) |
| Owner Occupied HU | 114 (84.4%) |
| Renter Occupied HU | 13 ( 9.6%) |
| Vacant Housing Units | 8 ( 5.9%) |
| Median Home Value | $369,048 |
| Average Home Value | $374,561 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
13
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Nearby investment properties with comparable prices
Listed by: Roger Decker • DECKER REALTY
Mls Name: GASAOR
Mls Provider:
Mls ID: #657129
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.