2590 James Madison HwyBremo BluffVA23022
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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
Rental property for sale in Bremo Bluff at 2590 James Madison Hwy, Bremo Bluff, VA, 23022 priced at $344,000 converts $2,018/mo rent into after a $1,684/mo obligation. Total monthly income equals $2,018/mo. Return on cash invested prints 19.5% in year one, and rental yield reads 7.04% against a $344,000 entry. Equity gained on principal adds $2,220/yr, while 5% annual appreciation compiles into $95,041 by year five. Five-year ROI reaches 100.41% and total cumulative return in cash sums $114,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,018/mo property income covering a $1,684/mo payment, not borrower’s personal income.
Single Family
Built in 1965
5.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23022, Bremo Bluff, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 479 (100%) |
| Owner Occupied HU | 325 (67.8%) |
| Renter Occupied HU | 85 (17.7%) |
| Vacant Housing Units | 69 (14.4%) |
| Median Home Value | $276,250 |
| Average Home Value | $320,538 |
Housing Distribution
Address Breakdown
Residential
361
Single Family
361
Multi-Family
0
Businesses
17
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Listed by: Kevin Quick • RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #650910
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.