5845 Nandina CirProvidence ForgeVA23140
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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 Providence Forge at 5845 Nandina Cir, Providence Forge, VA, 23140 uses $119,009 cash to close to unlock $7,093/yr annual cash flow and $591/mo monthly cash flow. Total monthly income runs $2,737/mo, and a $1,757/mo payment keeps the spread at $591/mo. Purchase price stands at $359,000, and rental yield measures 9.15% with $2,737/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 134.57% and total cumulative return in cash records $160,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,737/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23140, Providence Forge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 2,202 (82.6%) |
| Renter Occupied HU | 312 (11.7%) |
| Vacant Housing Units | 151 ( 5.7%) |
| Median Home Value | $418,526 |
| Average Home Value | $428,198 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,765
Multi-Family
0
Businesses
156
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Listed by: Tiffany Little • Liz Moore & Associates LLC
Mls Name: REIN Inc.
Mls ID: #10595462