181 Griffin LnBroadwayVA22815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 181 Griffin Ln, Broadway, VA, 22815 priced at $229,900 pairs $1,634/mo rent with $160/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,634/mo, and annual cash flow comes to $1,919/yr on $76,212 invested. Return on cash invested is 22.43% in year one, and rental yield stands at 8.53% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 116.63% and total cumulative return in cash reaches $88,883. For financing, Ziffy Mortgage’s DSCR program evaluates $1,634/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
3,484 sqft lot
$N/A/sqft
$100 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
