271 Bendall LnMathewsVA23109
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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 Mathews at 271 Bendall Ln, Mathews, VA, 23109 uses $74,985 cash to close to unlock $8,375/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $2,050/mo, and a $1,107/mo payment keeps the spread at $698/mo. Purchase price stands at $226,200, and rental yield measures 10.88% with $2,050/mo rent. Return on cash invested shows 31.08% in year one, and 5% annual appreciation builds toward $62,495 over five years. Five-year ROI reaches 162.45% and total cumulative return in cash records $121,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,050/mo property income covering a $1,107/mo payment rather than investor’s personal income.
Single Family
Built in 1969
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23109, Mathews, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 559 (68.4%) |
| Renter Occupied HU | 89 (10.9%) |
| Vacant Housing Units | 169 (20.7%) |
| Median Home Value | $567,111 |
| Average Home Value | $573,019 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
149
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