2585 Pilkington RdPowhatanVA23139
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 Powhatan at 2585 Pilkington Rd, Powhatan, VA, 23139 offers a 9.2% rental yield on a $364,895 purchase with $2,798/mo rent. Total monthly income registers $2,798/mo, and a $1,786/mo payment leaves $617/mo available for distribution. Annual cash flow reaches $7,400/yr on $120,963 to close, and return on cash invested stands at 26.03% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,814 over five years. Portfolio math shows five-year ROI at 135.37% and total cumulative return in cash at $163,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,798/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23139, Powhatan, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,219 (100%) |
| Owner Occupied HU | 9,844 (87.7%) |
| Renter Occupied HU | 971 ( 8.7%) |
| Vacant Housing Units | 404 ( 3.6%) |
| Median Home Value | $435,707 |
| Average Home Value | $493,294 |
Housing Distribution
Address Breakdown
Residential
11,097
Single Family
11,096
Multi-Family
1
Businesses
780
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices