2362 Fleeton RdReedvilleVA22539
Nearby investment properties with comparable rents
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
Investment property for sale in Reedville at 2362 Fleeton Rd, Reedville, VA, 22539 at $1,100,000 posts ROI 10.76% with from $3,722/mo rent. Total monthly income equals $3,722/mo. Return on cash invested measures 10.76% and rental yield reads 4.06% at the current $1,100,000. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 by year five. Five-year ROI prints 53.41% and total cumulative return in cash totals $190,363. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,722/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22539, Reedville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 971 (46.8%) |
| Renter Occupied HU | 129 ( 6.2%) |
| Vacant Housing Units | 976 (47.0%) |
| Median Home Value | $426,520 |
| Average Home Value | $491,202 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
63
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Nearby investment properties with comparable prices
Listed by: Joe Russell Hunt • Liz Moore & Associates
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #2425705
Disclaimer: All or a portion of the multiple Listing information is provided by the CBRAR Property Services, Inc. Multiple Listing Service, from a copyrighted compilation of Listings. All CBRAR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2024 CBRAR Property Services, Inc. All rights reserved.