320 Hopkins DrBoyceVA22620
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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 Boyce at 320 Hopkins Dr, Boyce, VA, 22620 at $574,500 posts ROI 26.51% with $1,016/mo cash flow from $4,450/mo rent. Total monthly income equals $4,450/mo, and annual cash flow records $12,187/yr on $189,011 to close. Return on cash invested measures 26.51% and rental yield reads 9.3% at the current $574,500. Equity gained on principal adds $3,707/yr, and 5% annual appreciation supports $158,724 by year five. Five-year ROI prints 137.92% and total cumulative return in cash totals $260,686.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,450/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22620, Boyce, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 877 (70.6%) |
| Renter Occupied HU | 187 (15.1%) |
| Vacant Housing Units | 178 (14.3%) |
| Median Home Value | $601,688 |
| Average Home Value | $697,486 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
995
Multi-Family
0
Businesses
83
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