293 Mila RdHeathsvilleVA22473
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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 Heathsville at 293 Mila Rd, Heathsville, VA, 22473 earns from $2,654/mo rent with a $2,325/mo payment. Total monthly income totals $2,654/mo. ROI tracks 18.49% on current figures, and rental yield reads 6.7% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 95% and total cumulative return in cash sums $149,587. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,654/mo property income instead of your personal income.
Single Family
Built in 1890
13.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22473, Heathsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,005 (100%) |
| Owner Occupied HU | 2,168 (54.1%) |
| Renter Occupied HU | 308 ( 7.7%) |
| Vacant Housing Units | 1,529 (38.2%) |
| Median Home Value | $363,682 |
| Average Home Value | $428,539 |
Housing Distribution
Address Breakdown
Residential
2,780
Single Family
2,752
Multi-Family
28
Businesses
120
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Listed by: Marion J. Packett • Rice Packett Real Est. Agency
Mls Name: Northern Neck AOR
Mls ID: #118233
Disclaimer: Copyright Northern Neck Association of Realtors. All rights reserved. Listing information is deemed reliable, but not guaranteed.