421 Hill Park DrBristolVA24201
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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 Bristol at 421 Hill Park Dr, Bristol, VA, 24201 listed at $282,500 pairs $2,227/mo rent with a $1,383/mo payment to leave $538/mo cash flow. Total monthly income runs $2,227/mo, and annual cash flow reaches $6,456/yr on $93,649 cash to close. Return on cash invested measures 26.8% in year one, and rental yield registers 9.46% at a $282,500 basis. Equity gained on principal adds $1,823/yr, and annual property appreciation at 5% supports $78,050 by year five. Five-year ROI tracks 139.53% and total cumulative return in cash totals $130,670. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,227/mo property income relative to a $1,383/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24201, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,233 (100%) |
| Owner Occupied HU | 4,485 (54.5%) |
| Renter Occupied HU | 2,808 (34.1%) |
| Vacant Housing Units | 940 (11.4%) |
| Median Home Value | $189,531 |
| Average Home Value | $333,558 |
Housing Distribution
Address Breakdown
Residential
8,028
Single Family
7,263
Multi-Family
765
Businesses
715
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Listed by: Danielle Parker • Holston Realty, Inc
Mls Name: SWVAR
Mls Provider:
Mls ID: #100067
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.