1690 Millwood RdBoyceVA22620
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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 Boyce at 1690 Millwood Rd, Boyce, VA, 22620 listed at $775,000 pairs $3,600/mo rent with a $3,793/mo payment. Total monthly income runs $3,600/mo. Return on cash invested measures 15.2% in year one, and rental yield registers 5.57% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 77.28% and total cumulative return in cash totals $197,047. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1882
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22620, Boyce, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 877 (70.6%) |
| Renter Occupied HU | 187 (15.1%) |
| Vacant Housing Units | 178 (14.3%) |
| Median Home Value | $601,688 |
| Average Home Value | $697,486 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
995
Multi-Family
0
Businesses
83
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