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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bumpass at 21 Browns Point Ln, Bumpass, VA, 23024 priced at $579,000 converts $2,551/mo rent into after a $2,834/mo obligation. Total monthly income equals $2,551/mo. Return on cash invested prints 14.33% in year one, and rental yield reads 5.29% against a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation compiles into $159,967 by year five. Five-year ROI reaches 72.59% and total cumulative return in cash sums $138,271. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,551/mo property income covering a $2,834/mo payment, not borrower’s personal income.
Single Family
Built in 1962
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23024, Bumpass, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,859 (100%) |
| Owner Occupied HU | 3,486 (71.7%) |
| Renter Occupied HU | 451 ( 9.3%) |
| Vacant Housing Units | 922 (19.0%) |
| Median Home Value | $377,866 |
| Average Home Value | $491,029 |
Residential
4,523
Single Family
4,523
Multi-Family
0
Businesses
72
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lee Ann Ashby • First Choice Realty
Mls Name: CVRMLS
Mls ID: #2530517
