168 Alger Ln, Broadway, VA, 22815 | $346/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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168 Alger Ln, Broadway, VA, 22815 | $346/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Broadway at 168 Alger Ln, Broadway, VA, 22815 at $229,900 posts ROI 25.36% with $346/mo cash flow from $1,720/mo rent. Total monthly income equals $1,720/mo, and annual cash flow records $4,151/yr on $76,212 to close. Return on cash invested measures 25.36% and rental yield reads 8.98% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 131.77% and total cumulative return in cash totals $100,427.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Townhouse

Built in 2003

3,484 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this move-in-ready townhome in the heart of Broadway! Ideally located near schools, parks, shopping, and with convenient access to BHS fields, this home offers comfort and convenience. The main level features a spacious primary suite with full bath, an open living and dining area, and a kitchen that leads to a private patio. The attached garage provides secure parking and additional storage. Upstairs, two bedrooms and a full bath add functional living space with multiple possibilities. A great opportunity for first-time buyers or investors!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.

Housing Distribution

Housing Statistics

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