2300 Rocky Hock RdWakefieldVA23888
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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 Wakefield at 2300 Rocky Hock Rd, Wakefield, VA, 23888 earns $116/mo cash flow from $2,716/mo rent with a $2,129/mo payment. Total monthly income totals $2,716/mo, and annual cash flow totals $1,389/yr on $144,203 capital. ROI tracks 20.87% on current figures, and rental yield reads 7.49% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 107.72% and total cumulative return in cash sums $155,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,716/mo property income instead of your personal income.
Single Family
Built in 1895
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23888, Wakefield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,129 (100%) |
| Owner Occupied HU | 688 (60.9%) |
| Renter Occupied HU | 257 (22.8%) |
| Vacant Housing Units | 184 (16.3%) |
| Median Home Value | $209,756 |
| Average Home Value | $228,623 |
Housing Distribution
Address Breakdown
Residential
790
Single Family
790
Multi-Family
0
Businesses
87
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