1778 Powell LnBedfordVA24523
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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 1778 Powell Ln, Bedford, VA, 24523 uses $76,245 cash to close to unlock $3,682/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $1,682/mo, and a $1,126/mo payment keeps the spread at $307/mo. Purchase price stands at $230,000, and rental yield measures 8.78% with $1,682/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 128.47% and total cumulative return in cash records $97,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,682/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1964
3.37 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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