2620 Academy Rd, Powhatan, VA, 23139 | 6.01% Rental Yield

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2620 Academy Rd, Powhatan, VA, 23139 | 6.01% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Powhatan at 2620 Academy Rd, Powhatan, VA, 23139 offers a 6.01% rental yield on a $675,000 purchase with $3,378/mo rent. 51% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 84.29% and total cumulative return in cash at $187,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,378/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

3.64 Acres lot

$N/A/sqft

No HOA

More details about the property

Impeccably Renovated Home with Custom Finishes Throughout.... another renovated beauty by Haint Blue! This wonderfully updated home features a new roof, fresh paint, and stylish new light fixtures throughout. Rich hardwood floors have been newly installed and refinished, with brand-new carpeting upstairs. The primary bedroom showcases custom diagonally laid wood floors and a V-groove solid wood headboard wall. The family room centers around a striking V-groove wood fireplace surround with a vintage handmade Amish mantelpiece. The kitchen has been completely renovated with leathered granite countertops, soft-close cabinetry, custom backsplash, brass pot rail, new appliances, and designer fixtures. Bathrooms are thoughtfully updated, including a half bath with reclaimed wood wainscoting from the old St. Johns Catholic Church, custom vanity with marble top, and porcelain tile floor. The hall bath offers a decorative mosaic tile floor and double vanity with quartz top. First level primary bedroom offers accent wall and newly installed diagonal hardwood flooring. The all new primary bathroom is a luxurious retreat with a claw foot tub, frameless glass shower, porcelain and ceramic tilework, double-fluted wood vanity with quartz top and built-in drawer organizers, and all-new fixtures. Additional highlights include a custom laundry vanity with vintage-style sink and butcher block top. Every inch of this home has been thoughtfully crafted with quality materials and timeless design. Blink once and youll miss it!

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