4024 Cameron RdHopewellVA23860
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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 Hopewell at 4024 Cameron Rd, Hopewell, VA, 23860 offers a 10.99% rental yield on a $339,950 purchase with $3,114/mo rent. Total monthly income registers $3,114/mo, and a $1,664/mo payment leaves $1,082/mo available for distribution. Annual cash flow reaches $12,981/yr on $112,693 to close, and return on cash invested stands at 31.43% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,922 over five years. Portfolio math shows five-year ROI at 164.34% and total cumulative return in cash at $185,199. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,114/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23860, Hopewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,663 (100%) |
| Owner Occupied HU | 6,703 (52.9%) |
| Renter Occupied HU | 4,722 (37.3%) |
| Vacant Housing Units | 1,238 ( 9.8%) |
| Median Home Value | $212,882 |
| Average Home Value | $239,747 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,559
Multi-Family
554
Businesses
803
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