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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Broadway at 3097 Hobby Horse Ln, Broadway, VA, 22815 earns from $2,429/mo rent with a $3,426/mo payment. Total monthly income totals $2,429/mo. ROI tracks 10.91% on current figures, and rental yield reads 4.16% at a $699,990 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,394 over five years. Five-year ROI reaches 54.29% and total cumulative return in cash sums $125,029. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,429/mo property income instead of your personal income.
Single Family
Built in 1999
21 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,958 (100%) |
| Owner Occupied HU | 2,754 (69.6%) |
| Renter Occupied HU | 907 (22.9%) |
| Vacant Housing Units | 297 ( 7.5%) |
| Median Home Value | $299,893 |
| Average Home Value | $378,164 |
Residential
3,788
Single Family
3,726
Multi-Family
62
Businesses
219
Date | Event | Price |
|---|---|---|
| 2025-08-10 | Listed for sale | $699,990 |
| 2022-10-07 | Listing removed | N/A |
| 2022-10-03 | Listed for sale | $449,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-11 | $2557.48 | N/A | $376,100 | N/A |
| 2022-08-11 | $2557.48 | 16.56% | $376,100 | 26.85% |
| 2021-08-11 | $2194.10 | N/A | $296,500 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
