2 Wells RdLot BedfordVA24523
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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 Lot Bedford at 2 Wells Rd, Lot Bedford, VA, 24523 priced at $539,900 converts $954/mo rent into after a $2,643/mo obligation. Total monthly income equals $954/mo. Return on cash invested prints 4.7% in year one, and rental yield reads 2.12% against a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation compiles into $149,164 by year five. Five-year ROI reaches 20.99% and total cumulative return in cash sums $37,279. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $954/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.08 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: Irina Moldavskaya • Ted Counts Realty & Auction
Mls Name: LMLS
Mls ID: #360910