2166 Veda DrBristolVA24201
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Nearby investment properties with comparable prices
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 Bristol at 2166 Veda Dr, Bristol, VA, 24201 offers $2,360/mo rent that, after a $1,211/mo payment, leaves $881/mo cash flow. Total monthly income is $2,360/mo, and annual cash flow is $10,572/yr on $82,013 cash. Return on cash invested measures 32.8% in year one, and rental yield stands at 11.45% at a $247,400 entry. Equity gained on principal adds $1,596/yr while 5% annual appreciation compounds into $68,352 by year five. Five-year ROI records 171.69% and total cumulative return in cash reaches $140,806. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,360/mo property income versus a $1,211/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24201, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,233 (100%) |
| Owner Occupied HU | 4,485 (54.5%) |
| Renter Occupied HU | 2,808 (34.1%) |
| Vacant Housing Units | 940 (11.4%) |
| Median Home Value | $189,531 |
| Average Home Value | $333,558 |
Housing Distribution
Address Breakdown
Residential
8,028
Single Family
7,263
Multi-Family
765
Businesses
715
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