404 Harbor Ridge DrGoodviewVA24095
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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 Goodview at 404 Harbor Ridge Dr, Goodview, VA, 24095 with 5% annual appreciation on a $509,900 basis while $2,742/mo rent supports operations. 65% in year one. Equity gained on principal adds $3,290/yr, and five-year appreciation sums $140,876 alongside rental yield of 6.45%. Five-year ROI measures 80.51% and total cumulative return in cash totals $135,056. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,742/mo property income versus a $2,496/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1989
1,306 sqft lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24095, Goodview, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,571 (71.8%) |
| Renter Occupied HU | 261 (11.9%) |
| Vacant Housing Units | 357 (16.3%) |
| Median Home Value | $371,732 |
| Average Home Value | $436,221 |
Housing Distribution
Address Breakdown
Residential
2,010
Single Family
2,010
Multi-Family
0
Businesses
46
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Listed by: CASEY DANIELLE JOHNSON • RE/MAX LAKEFRONT REALTY INC
Mls Name: RVAR
Mls Provider:
Mls ID: #919693
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