316 Hawkins Farm RdBumpassVA23024
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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 Bumpass at 316 Hawkins Farm Rd, Bumpass, VA, 23024 earns $706/mo cash flow from $2,141/mo rent with a $1,175/mo payment. Total monthly income totals $2,141/mo, and annual cash flow totals $8,472/yr on $79,560 capital. ROI tracks 30.56% on current figures, and rental yield reads 10.71% at a $239,999 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,307 over five years. Five-year ROI reaches 159.66% and total cumulative return in cash sums $127,022. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,141/mo property income instead of your personal income.
Manufactured
Built in 2001
5.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23024, Bumpass, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,859 (100%) |
| Owner Occupied HU | 3,486 (71.7%) |
| Renter Occupied HU | 451 ( 9.3%) |
| Vacant Housing Units | 922 (19.0%) |
| Median Home Value | $377,866 |
| Average Home Value | $491,029 |
Housing Distribution
Address Breakdown
Residential
4,523
Single Family
4,523
Multi-Family
0
Businesses
72
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