309 Riverview DrHeathsvilleVA22473
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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 309 Riverview Dr, Heathsville, VA, 22473 offers a 8.43% rental yield on a $250,000 purchase with $1,756/mo rent. Total monthly income registers $1,756/mo, and a $1,224/mo payment leaves $261/mo available for distribution. Annual cash flow reaches $3,134/yr on $82,875 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 122.89% and total cumulative return in cash at $101,842. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,756/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.55 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: Ann Hergenreder • Keller Williams Richmond West
Mls Name: Northern Neck AOR
Mls ID: #119082