201 E Bank StBridgewaterVA22812
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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 Bridgewater at 201 E Bank St, Bridgewater, VA, 22812 uses $109,229 cash to close to unlock $3,156/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $2,233/mo, and a $1,613/mo payment keeps the spread at $263/mo. Purchase price stands at $329,500, and rental yield measures 8.13% with $2,233/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $91,035 over five years. Five-year ROI reaches 118.1% and total cumulative return in cash records $128,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,233/mo property income covering a $1,613/mo payment rather than investor’s personal income.
Single Family
Built in 1948
10,454 sqft 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: Kelsey Swartzentruber • Funkhouser Real Estate Group
Mls Name: HRAR
Mls ID: #662880
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.