47 Myrtle PlBraceyVA23919
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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 Bracey at 47 Myrtle Pl, Bracey, VA, 23919 with 5% annual appreciation on a $159,000 basis while $1,208/mo rent supports operations. Total monthly income totals $1,208/mo and a $778/mo payment preserves $258/mo for cash returns. Annual cash flow comes to $3,093/yr on $52,709 deployed, and return on cash invested reaches 25.78% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.12%. Five-year ROI measures 134.03% and total cumulative return in cash totals $70,644.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,208/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23919, Bracey, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 976 (30.2%) |
| Renter Occupied HU | 156 ( 4.8%) |
| Vacant Housing Units | 2,096 (64.9%) |
| Median Home Value | $387,387 |
| Average Home Value | $389,526 |
Housing Distribution
Address Breakdown
Residential
1,247
Single Family
1,247
Multi-Family
0
Businesses
98
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