529 Manchester RdBumpassVA23024
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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 529 Manchester Rd, Bumpass, VA, 23024 listed at $389,000 pairs $2,777/mo rent with a $1,904/mo payment to leave $452/mo cash flow. Total monthly income runs $2,777/mo, and annual cash flow reaches $5,419/yr on $128,954 cash to close. Return on cash invested measures 24.11% in year one, and rental yield registers 8.57% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 125.11% and total cumulative return in cash totals $161,334. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,777/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
1.88 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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