625 Hummingbird LnMontereyVA24465
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
Investment property for sale in Monterey at 625 Hummingbird Ln, Monterey, VA, 24465 earns from $2,858/mo rent with a $3,646/mo payment. Total monthly income totals $2,858/mo. ROI tracks 12.25% on current figures, and rental yield reads 4.6% at a $745,000 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 over five years. Five-year ROI reaches 61.46% and total cumulative return in cash sums $150,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,858/mo property income instead of your personal income.
Single Family
Built in 2004
47.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24465, Monterey, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 533 (54.5%) |
| Renter Occupied HU | 113 (11.6%) |
| Vacant Housing Units | 332 (33.9%) |
| Median Home Value | $238,393 |
| Average Home Value | $271,857 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices