5874 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 5874 Ginger Dr, Providence Forge, VA, 23140 with 5% annual appreciation on a $309,140 basis while $2,809/mo rent supports operations. Total monthly income totals $2,809/mo and a $1,513/mo payment preserves $961/mo for cash returns. Annual cash flow comes to $11,533/yr on $102,480 deployed, and return on cash invested reaches 31.16% in year one. Equity gained on principal adds $1,995/yr, and five-year appreciation sums $85,410 alongside rental yield of 10.9%. Five-year ROI measures 162.94% and total cumulative return in cash totals $166,981.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,809/mo property income versus a $1,513/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A