5 Walters WayBumpassVA23024
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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 Bumpass at 5 Walters Way, Bumpass, VA, 23024 with 5% annual appreciation on a $389,950 basis while $2,658/mo rent supports operations. Total monthly income totals $2,658/mo and a $1,909/mo payment preserves $327/mo for cash returns. Annual cash flow comes to $3,919/yr on $129,268 deployed, and return on cash invested reaches 22.94% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,736 alongside rental yield of 8.18%. Five-year ROI measures 118.83% and total cumulative return in cash totals $153,605.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,658/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23024, Bumpass, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,523
Single Family
4,523
Multi-Family
0
Businesses
72
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