603 Presley Creek DrHeathsvilleVA22473
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
Rental property for sale in Heathsville at 603 Presley Creek Dr, Heathsville, VA, 22473 priced at $299,950 converts $2,557/mo rent into $764/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,557/mo, and annual cash flow totals $9,169/yr on $99,433 invested. Return on cash invested prints 29.13% in year one, and rental yield reads 10.23% against a $299,950 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,871 by year five. Five-year ROI reaches 152.05% and total cumulative return in cash sums $151,184. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,557/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22473, Heathsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,005 (100%) |
| Owner Occupied HU | 2,168 (54.1%) |
| Renter Occupied HU | 308 ( 7.7%) |
| Vacant Housing Units | 1,529 (38.2%) |
| Median Home Value | $363,682 |
| Average Home Value | $428,539 |
Housing Distribution
Address Breakdown
Residential
2,780
Single Family
2,752
Multi-Family
28
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: B. Jason Patton • Bay River Realty
Mls Name: Northern Neck AOR
Mls ID: #119553