373 Berkshire DrReedvilleVA22539
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
Investment property for sale in Reedville at 373 Berkshire Dr, Reedville, VA, 22539 with 5% annual appreciation on a $465,000 basis while $2,763/mo rent supports operations. 67% in year one. Equity gained on principal adds $3,001/yr, and five-year appreciation sums $128,471 alongside rental yield of 7.13%. Five-year ROI measures 101.34% and total cumulative return in cash totals $156,215. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,763/mo property income versus a $2,276/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.48 Acres lot
$N/A/sqft
$170 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22539, Reedville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 971 (46.8%) |
| Renter Occupied HU | 129 ( 6.2%) |
| Vacant Housing Units | 976 (47.0%) |
| Median Home Value | $426,520 |
| Average Home Value | $491,202 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Wolfson • IsaBell K. Horsley Real Estate
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #2400715
Disclaimer: All or a portion of the multiple Listing information is provided by the CBRAR Property Services, Inc. Multiple Listing Service, from a copyrighted compilation of Listings. All CBRAR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2024 CBRAR Property Services, Inc. All rights reserved.