56 Grindstone RdBridgewaterVA22812
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bridgewater at 56 Grindstone Rd, Bridgewater, VA, 22812 earns $1,389/mo cash flow from $2,184/mo rent with a $651/mo payment. Total monthly income totals $2,184/mo, and annual cash flow totals $16,666/yr on $44,123 capital. ROI tracks 57.68% on current figures, and rental yield reads 19.69% at a $133,100 purchase. Equity gained on principal adds $859/yr, and 5% annual appreciation supports $36,773 over five years. Five-year ROI reaches 305.1% and total cumulative return in cash sums $134,620. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,184/mo property income instead of your personal income.
Single Family
Built in 1925
0.77 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlie Jackson • Nest Realty Harrisonburg
Mls Name: CAAR
Mls Provider:
Mls ID: #664367