419 Kents Ridge RdRichlandsVA24641
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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 Richlands at 419 Kents Ridge Rd, Richlands, VA, 24641 priced at $150,000 pairs $1,475/mo rent with $579/mo cash flow after a $734/mo payment. Total monthly income equals $1,475/mo, and annual cash flow comes to $6,942/yr on $49,725 invested. Return on cash invested is 33.87% in year one, and rental yield stands at 11.8% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 177.48% and total cumulative return in cash reaches $88,254. For financing, Ziffy Mortgage’s DSCR program evaluates $1,475/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24641, Richlands, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 1,621 (54.6%) |
| Renter Occupied HU | 866 (29.2%) |
| Vacant Housing Units | 481 (16.2%) |
| Median Home Value | $116,716 |
| Average Home Value | $164,860 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,389
Multi-Family
37
Businesses
345
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