254 Cypress Swamp LnSpring GroveVA23921
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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 Spring Grove at 254 Cypress Swamp Ln, Spring Grove, VA, 23921 uses $75,449 cash to close to unlock $15,113/yr annual cash flow and $1,259/mo monthly cash flow. Total monthly income runs $2,620/mo, and a $1,114/mo payment keeps the spread at $1,259/mo. Purchase price stands at $227,600, and rental yield measures 13.81% with $2,620/mo rent. Return on cash invested shows 39.94% in year one, and 5% annual appreciation builds toward $62,882 over five years. Five-year ROI reaches 210.03% and total cumulative return in cash records $158,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,620/mo property income covering a $1,114/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23921, Buckingham, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,170 (100%) |
| Owner Occupied HU | 692 (59.1%) |
| Renter Occupied HU | 226 (19.3%) |
| Vacant Housing Units | 252 (21.5%) |
| Median Home Value | $212,987 |
| Average Home Value | $237,825 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
893
Multi-Family
0
Businesses
60
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Listed by: N/A • N/A
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