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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bumpass at 47 Elnor Rd, Bumpass, VA, 23024 with 5% annual appreciation on a $875,000 basis while $2,846/mo rent supports operations. 03% in year one. Equity gained on principal adds $5,646/yr, and five-year appreciation sums $241,746 alongside rental yield of 3.9%. Five-year ROI measures 49.6% and total cumulative return in cash totals $142,799. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,846/mo property income versus a $4,283/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
1.85 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 23024, Bumpass, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,859 (100%) |
| Owner Occupied HU | 3,486 (71.7%) |
| Renter Occupied HU | 451 ( 9.3%) |
| Vacant Housing Units | 922 (19.0%) |
| Median Home Value | $377,866 |
| Average Home Value | $491,029 |
Residential
4,523
Single Family
4,523
Multi-Family
0
Businesses
72
Date | Event | Price |
|---|---|---|
| 2025-08-27 | Listed for sale | $875,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-28 | $3658.32 | 8.64% | $508,100 | 8.64% |
| 2023-08-28 | $3367.44 | 6.95% | $467,700 | 6.95% |
| 2022-08-28 | $3148.56 | 12.85% | $437,300 | 12.85% |
What's Special
Floored,Walk-up
Listed by: Brian Lohrey • Virginia Capital Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2523545
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
