16618 Singingwood LnBristolVA24202
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 Bristol at 16618 Singingwood Ln, Bristol, VA, 24202 earns from $1,074/mo rent with a $1,958/mo payment. Total monthly income totals $1,074/mo. ROI tracks 7.99% on current figures, and rental yield reads 3.22% at a $399,950 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,499 over five years. Five-year ROI reaches 38.63% and total cumulative return in cash sums $51,216. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,074/mo property income instead of your personal income.
Manufactured
Built in 2024
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24202, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,750 (100%) |
| Owner Occupied HU | 4,280 (74.4%) |
| Renter Occupied HU | 832 (14.5%) |
| Vacant Housing Units | 638 (11.1%) |
| Median Home Value | $235,876 |
| Average Home Value | $327,336 |
Housing Distribution
Address Breakdown
Residential
5,715
Single Family
5,715
Multi-Family
0
Businesses
402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices