34 Crossing CtBedfordVA24523
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 Bedford at 34 Crossing Ct, Bedford, VA, 24523 priced at $354,990 converts $2,820/mo rent into $698/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,820/mo, and annual cash flow totals $8,381/yr on $117,679 invested. Return on cash invested prints 27.03% in year one, and rental yield reads 9.53% against a $354,990 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,077 by year five. Five-year ROI reaches 140.78% and total cumulative return in cash sums $165,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24523, Bedford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,292 (100%) |
| Owner Occupied HU | 6,376 (68.6%) |
| Renter Occupied HU | 2,046 (22.0%) |
| Vacant Housing Units | 870 ( 9.4%) |
| Median Home Value | $309,924 |
| Average Home Value | $356,208 |
Housing Distribution
Address Breakdown
Residential
8,625
Single Family
8,183
Multi-Family
442
Businesses
751
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices