200 Miller DrBridgewaterVA22812
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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 Bridgewater at 200 Miller Dr, Bridgewater, VA, 22812 priced at $450,000 converts $2,689/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,689/mo. Return on cash invested prints 19.9% in year one, and rental yield reads 7.17% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 102.51% and total cumulative return in cash sums $152,922. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,689/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22812, Bridgewater, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 2,358 (65.8%) |
| Renter Occupied HU | 987 (27.5%) |
| Vacant Housing Units | 241 ( 6.7%) |
| Median Home Value | $391,958 |
| Average Home Value | $461,972 |
Housing Distribution
Address Breakdown
Residential
3,483
Single Family
3,393
Multi-Family
90
Businesses
191
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Listed by: Yvonne Pirkey • Funkhouser Real Estate Group
Mls Name: CAAR
Mls Provider:
Mls ID: #666679