600 Prince Henry AveHopewellVA23860
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 Hopewell at 600 Prince Henry Ave, Hopewell, VA, 23860 at $368,000 posts ROI 27.95% with $817/mo cash flow from $3,017/mo rent. Total monthly income equals $3,017/mo, and annual cash flow records $9,808/yr on $121,992 to close. Return on cash invested measures 27.95% and rental yield reads 9.84% at the current $368,000. Equity gained on principal adds $2,375/yr, and 5% annual appreciation supports $101,672 by year five. Five-year ROI prints 145.7% and total cumulative return in cash totals $177,745.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,017/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1858
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23860, Hopewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,663 (100%) |
| Owner Occupied HU | 6,703 (52.9%) |
| Renter Occupied HU | 4,722 (37.3%) |
| Vacant Housing Units | 1,238 ( 9.8%) |
| Median Home Value | $212,882 |
| Average Home Value | $239,747 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,559
Multi-Family
554
Businesses
803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices