1944 Dickerson Mill RdBedfordVA24523
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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 1944 Dickerson Mill Rd, Bedford, VA, 24523 listed at $250,000 pairs $1,920/mo rent with a $1,224/mo payment to leave $425/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $5,102/yr on $82,875 cash to close. Return on cash invested measures 26.07% in year one, and rental yield registers 9.22% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 135.63% and total cumulative return in cash totals $112,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
1.02 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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Listed by: Donald A. Marr • NextHome TwoFourFive
Mls Name: LMLS
Mls Provider:
Mls ID: #358336
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.