367 Sandy Point RdWest PointVA23181
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 West Point at 367 Sandy Point Rd, West Point, VA, 23181 offers $2,746/mo rent that, after a $1,713/mo payment, leaves $654/mo cash flow. Total monthly income is $2,746/mo, and annual cash flow is $7,846/yr on $116,025 cash. Return on cash invested measures 26.67% in year one, and rental yield stands at 9.41% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 138.83% and total cumulative return in cash reaches $161,078. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,746/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23181, West Point, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,721 (100%) |
| Owner Occupied HU | 2,009 (73.8%) |
| Renter Occupied HU | 522 (19.2%) |
| Vacant Housing Units | 190 ( 7.0%) |
| Median Home Value | $321,447 |
| Average Home Value | $389,561 |
Housing Distribution
Address Breakdown
Residential
1,901
Single Family
1,861
Multi-Family
40
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Hatcher • LPT Realty LLC
Mls Name: REIN Inc.
Mls ID: #10604019