30 Custis Millpond RdWest PointVA23181
Nearby investment properties with comparable rents
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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 West Point at 30 Custis Millpond Rd, West Point, VA, 23181 uses $87,549 cash to close to unlock $9,035/yr annual cash flow and $753/mo monthly cash flow. Total monthly income runs $2,332/mo, and a $1,293/mo payment keeps the spread at $753/mo. Purchase price stands at $264,100, and rental yield measures 10.6% with $2,332/mo rent. Return on cash invested shows 30.23% in year one, and 5% annual appreciation builds toward $72,966 over five years. Five-year ROI reaches 157.91% and total cumulative return in cash records $138,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,332/mo property income covering a $1,293/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23181, West Point, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,721 (100%) |
| Owner Occupied HU | 2,009 (73.8%) |
| Renter Occupied HU | 522 (19.2%) |
| Vacant Housing Units | 190 ( 7.0%) |
| Median Home Value | $321,447 |
| Average Home Value | $389,561 |
Housing Distribution
Address Breakdown
Residential
1,901
Single Family
1,861
Multi-Family
40
Businesses
208
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A