16831 Runions Creek RdBroadwayVA22815
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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 Broadway at 16831 Runions Creek Rd, Broadway, VA, 22815 listed at $209,900 pairs $1,571/mo rent with a $1,027/mo payment to leave $317/mo cash flow. Total monthly income runs $1,571/mo, and annual cash flow reaches $3,799/yr on $69,582 cash to close. Return on cash invested measures 25.37% in year one, and rental yield registers 8.98% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 131.87% and total cumulative return in cash totals $91,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,571/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.82 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,788
Single Family
3,726
Multi-Family
62
Businesses
219
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