174 Griffin LnBroadwayVA22815
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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
Rental property for sale in Broadway at 174 Griffin Ln, Broadway, VA, 22815 generates $1,627/mo in rent and, after a $1,111/mo payment, leaves $270/mo in cash flow. Total monthly income is $1,627/mo, and annual cash flow is $3,241/yr on $75,251 invested. Return on cash invested sits at 24.22% in year one, and rental yield is 8.6% on a $227,000 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 125.73% and total cumulative return in cash sums $94,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,627/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
3,920 sqft 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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