2684 Old Bridge RdDolphinVA23843
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
Rental property for sale in Dolphin at 2684 Old Bridge Rd, Dolphin, VA, 23843 offers $1,331/mo rent that, after a $1,077/mo payment, leaves $16/mo cash flow. Total monthly income is $1,331/mo, and annual cash flow is $188/yr on $72,930 cash. Return on cash invested measures 20.17% in year one, and rental yield stands at 7.26% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 103.97% and total cumulative return in cash reaches $75,827. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,331/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
24.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23843, Dolphin, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 274 (100%) |
| Owner Occupied HU | 163 (59.5%) |
| Renter Occupied HU | 57 (20.8%) |
| Vacant Housing Units | 54 (19.7%) |
| Median Home Value | $159,722 |
| Average Home Value | $160,782 |
Housing Distribution
Address Breakdown
Residential
284
Single Family
284
Multi-Family
0
Businesses
10
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