6010 Golden Wheel RdProvidence 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 6010 Golden Wheel Rd, Providence Forge, VA, 23140 earns $620/mo cash flow from $2,772/mo rent with a $1,762/mo payment. Total monthly income totals $2,772/mo, and annual cash flow totals $7,441/yr on $119,323 capital. ROI tracks 26.14% on current figures, and rental yield reads 9.24% at a $359,950 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,448 over five years. Five-year ROI reaches 136.03% and total cumulative return in cash sums $162,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,772/mo property income instead of your personal income.
Single Family
Built in 1960
2 Acres 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: Julie Hawthorne • The Dunivan Co, Inc
Mls Name: CVRMLS
Mls ID: #2530871