5859 Ginger DrProvidence ForgeVA23140
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 Providence Forge at 5859 Ginger Dr, Providence Forge, VA, 23140 at $325,740 posts ROI 25.56% with $508/mo cash flow from $2,693/mo rent. Total monthly income equals $2,693/mo, and annual cash flow records $6,097/yr on $107,983 to close. Return on cash invested measures 25.56% and rental yield reads 9.92% at the current $325,740. Equity gained on principal adds $2,102/yr, and 5% annual appreciation supports $89,996 by year five. Five-year ROI prints 133.84% and total cumulative return in cash totals $144,521.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,693/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2025
N/A lot
$N/A/sqft
$238 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chuck Kane • Williamsburg Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #2500803
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the WMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firms. 2025 WMLS. All rights reserved.