2931 Anderson HwyPowhatanVA23139
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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 Powhatan at 2931 Anderson Hwy, Powhatan, VA, 23139 offers a 8.82% rental yield on a $319,900 purchase with $2,352/mo rent. Total monthly income registers $2,352/mo, and a $1,566/mo payment leaves $439/mo available for distribution. Annual cash flow reaches $5,273/yr on $106,047 to close, and return on cash invested stands at 24.88% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 129.26% and total cumulative return in cash at $137,072. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,352/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,097
Single Family
11,096
Multi-Family
1
Businesses
780
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