1689 Otter Hill RdBedfordVA24523
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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 1689 Otter Hill Rd, Bedford, VA, 24523 earns $874/mo cash flow from $2,518/mo rent with a $1,346/mo payment. Total monthly income totals $2,518/mo, and annual cash flow totals $10,489/yr on $91,163 capital. ROI tracks 31.41% on current figures, and rental yield reads 10.99% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 164.3% and total cumulative return in cash sums $149,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,518/mo property income instead of your personal income.
Single Family
Built in 2009
1.12 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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