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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Powhatan at 6097 Preakness Stakes Ln, Powhatan, VA, 23139 listed at $543,000 pairs $3,118/mo rent with a $2,658/mo payment. Total monthly income runs $3,118/mo. Return on cash invested measures 19.06% in year one, and rental yield registers 6.89% at a $543,000 basis. Equity gained on principal adds $3,504/yr, and annual property appreciation at 5% supports $150,021 by year five. Five-year ROI tracks 98.01% and total cumulative return in cash totals $175,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,118/mo property income relative to a $2,658/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
4.15 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 23139, Powhatan, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,219 (100%) |
| Owner Occupied HU | 9,844 (87.7%) |
| Renter Occupied HU | 971 ( 8.7%) |
| Vacant Housing Units | 404 ( 3.6%) |
| Median Home Value | $435,707 |
| Average Home Value | $493,294 |
Residential
11,097
Single Family
11,096
Multi-Family
1
Businesses
780
Date | Event | Price |
|---|---|---|
| 2025-09-18 | Sold | $543,000 |
| 2025-08-14 | Pending sale | $530,000 |
| 2025-08-06 | Price change | $530,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-19 | $2658.57 | 0.60% | $385,300 | 12.27% |
| 2022-10-19 | $2642.64 | -2.78% | $343,200 | 7.32% |
| 2021-10-19 | $2718.30 | N/A | $319,800 | N/A |
What's Special
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Listed by: Teresa Melton • BHHS PenFed Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2519223
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
