188 Quail WayBristolVA24201
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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 Bristol at 188 Quail Way, Bristol, VA, 24201 at $154,500 posts ROI 24.52% with $197/mo cash flow from $1,241/mo rent. Total monthly income equals $1,241/mo, and annual cash flow records $2,359/yr on $51,217 to close. Return on cash invested measures 24.52% and rental yield reads 9.64% at the current $154,500. Equity gained on principal adds $997/yr, and 5% annual appreciation supports $42,686 by year five. Five-year ROI prints 128.31% and total cumulative return in cash totals $65,715.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,241/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1991
N/A lot
$N/A/sqft
$121 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24201, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,233 (100%) |
| Owner Occupied HU | 4,485 (54.5%) |
| Renter Occupied HU | 2,808 (34.1%) |
| Vacant Housing Units | 940 (11.4%) |
| Median Home Value | $189,531 |
| Average Home Value | $333,558 |
Housing Distribution
Address Breakdown
Residential
8,028
Single Family
7,263
Multi-Family
765
Businesses
715
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Listed by: Alison Hagerman • eXp Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #99042
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.