1656 Shady Knoll AveBedfordVA24523
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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 Bedford at 1656 Shady Knoll Ave, Bedford, VA, 24523 listed at $280,000 pairs $1,042/mo rent with a $1,370/mo payment. Total monthly income runs $1,042/mo. Return on cash invested measures 11.75% in year one, and rental yield registers 4.47% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 58.79% and total cumulative return in cash totals $54,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,042/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1967
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24523, Bedford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,292 (100%) |
| Owner Occupied HU | 6,376 (68.6%) |
| Renter Occupied HU | 2,046 (22.0%) |
| Vacant Housing Units | 870 ( 9.4%) |
| Median Home Value | $309,924 |
| Average Home Value | $356,208 |
Housing Distribution
Address Breakdown
Residential
8,625
Single Family
8,183
Multi-Family
442
Businesses
751
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Listed by: Matthew Daniel Taylor • KELLER WILLIAMS REALTY LYNCHBURG
Mls Name: RVAR
Mls Provider:
Mls ID: #917792
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