617 Court StVictoriaVA23974
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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 Victoria at 617 Court St, Victoria, VA, 23974 uses $59,670 cash to close to unlock $4,632/yr annual cash flow and $386/mo monthly cash flow. Total monthly income runs $1,462/mo, and a $881/mo payment keeps the spread at $386/mo. Purchase price stands at $180,000, and rental yield measures 9.75% with $1,462/mo rent. Return on cash invested shows 27.67% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 144.18% and total cumulative return in cash records $86,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,462/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1910
5,972 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23974, Victoria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,079 (100%) |
| Owner Occupied HU | 1,185 (57.0%) |
| Renter Occupied HU | 542 (26.1%) |
| Vacant Housing Units | 352 (16.9%) |
| Median Home Value | $162,056 |
| Average Home Value | $210,432 |
Housing Distribution
Address Breakdown
Residential
1,508
Single Family
1,508
Multi-Family
0
Businesses
112
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