512 E College StBridgewaterVA22812
Nearby investment properties with comparable rents
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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
Rental property for sale in Bridgewater at 512 E College St, Bridgewater, VA, 22812 offers $1,357/mo rent that, after a $2,202/mo payment. Total monthly income is $1,357/mo. Return on cash invested measures 9.19% in year one, and rental yield stands at 3.62% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 45.08% and total cumulative return in cash reaches $67,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,357/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22812, Bridgewater, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 2,358 (65.8%) |
| Renter Occupied HU | 987 (27.5%) |
| Vacant Housing Units | 241 ( 6.7%) |
| Median Home Value | $391,958 |
| Average Home Value | $461,972 |
Housing Distribution
Address Breakdown
Residential
3,483
Single Family
3,393
Multi-Family
90
Businesses
191
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Listed by: Michael Kalman • Valley Realty Associates
Mls Name: HRAR
Mls ID: #663620
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.