338 River DrKing And Queen Court HouseVA23085
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
Rental property for sale in King And Queen Court House at 338 River Dr, King And Queen Court House, VA, 23085 offers $2,147/mo rent that, after a $1,591/mo payment, leaves $204/mo cash flow. Total monthly income is $2,147/mo, and annual cash flow is $2,447/yr on $107,738 cash. Return on cash invested measures 22.18% in year one, and rental yield stands at 7.93% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 114.74% and total cumulative return in cash reaches $123,613. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,147/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
6.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23085, King And Queen Court Hous, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 221 (100%) |
| Owner Occupied HU | 136 (61.5%) |
| Renter Occupied HU | 28 (12.7%) |
| Vacant Housing Units | 57 (25.8%) |
| Median Home Value | $377,778 |
| Average Home Value | $712,960 |
Housing Distribution
Address Breakdown
Residential
155
Single Family
155
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Taylor • River City Elite Properties - Real Broker
Mls Name: CVRMLS
Mls ID: #2600010