309 Hill Park DrBristolVA24201
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
Investment property for sale in Bristol at 309 Hill Park Dr, Bristol, VA, 24201 with 5% annual appreciation on a $100,000 basis while $774/mo rent supports operations. Total monthly income totals $774/mo and a $489/mo payment preserves $177/mo for cash returns. Annual cash flow comes to $2,120/yr on $33,150 deployed, and return on cash invested reaches 26.3% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.29%. Five-year ROI measures 136.88% and total cumulative return in cash totals $45,376.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $774/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24201, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,233 (100%) |
| Owner Occupied HU | 4,485 (54.5%) |
| Renter Occupied HU | 2,808 (34.1%) |
| Vacant Housing Units | 940 (11.4%) |
| Median Home Value | $189,531 |
| Average Home Value | $333,558 |
Housing Distribution
Address Breakdown
Residential
8,028
Single Family
7,263
Multi-Family
765
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices