61 Mohawk RdBuckinghamVA23921
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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
Rental property for sale in Buckingham at 61 Mohawk Rd, Buckingham, VA, 23921 offers $1,498/mo rent that, after a $1,385/mo payment. Total monthly income is $1,498/mo. Return on cash invested measures 17.43% in year one, and rental yield stands at 6.35% at a $282,900 entry. Equity gained on principal adds $1,826/yr while 5% annual appreciation compounds into $78,160 by year five. Five-year ROI records 89.31% and total cumulative return in cash reaches $83,755. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,498/mo property income versus a $1,385/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23921, Buckingham, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,170 (100%) |
| Owner Occupied HU | 692 (59.1%) |
| Renter Occupied HU | 226 (19.3%) |
| Vacant Housing Units | 252 (21.5%) |
| Median Home Value | $212,987 |
| Average Home Value | $237,825 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
893
Multi-Family
0
Businesses
60
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Nearby investment properties with comparable prices
Listed by: Brian Wilson • Yoder Properties, Inc.
Mls Name: South Central AOR VA
Mls Provider:
Mls ID: #55335
Disclaimer: Copyright of the South Central Association of Realtors. All rights reserved.Information is deemed reliable but not guaranteed.