611 Hawthorne DrBraceyVA23919
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 Bracey at 611 Hawthorne Dr, Bracey, VA, 23919 priced at $215,000 converts $1,494/mo rent into $209/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,494/mo, and annual cash flow totals $2,509/yr on $71,273 invested. Return on cash invested prints 23.43% in year one, and rental yield reads 8.34% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 121.48% and total cumulative return in cash sums $86,581. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,494/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23919, Bracey, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 976 (30.2%) |
| Renter Occupied HU | 156 ( 4.8%) |
| Vacant Housing Units | 2,096 (64.9%) |
| Median Home Value | $387,387 |
| Average Home Value | $389,526 |
Housing Distribution
Address Breakdown
Residential
1,247
Single Family
1,247
Multi-Family
0
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices