5887 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 5887 Ginger Dr, Providence Forge, VA, 23140 at $311,140 posts ROI 23.25% with $287/mo cash flow from $2,147/mo rent. Total monthly income equals $2,147/mo, and annual cash flow records $3,443/yr on $103,143 to close. Return on cash invested measures 23.25% and rental yield reads 8.28% at the current $311,140. Equity gained on principal adds $2,008/yr, and 5% annual appreciation supports $85,962 by year five. Five-year ROI prints 120.46% and total cumulative return in cash totals $124,241.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,147/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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
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Nearby investment properties with comparable prices
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A