6305 Old Union RdCharles CityVA23030
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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 Charles City at 6305 Old Union Rd, Charles City, VA, 23030 listed at $289,000 pairs $2,136/mo rent with a $1,415/mo payment to leave $408/mo cash flow. Total monthly income runs $2,136/mo, and annual cash flow reaches $4,895/yr on $95,804 cash to close. Return on cash invested measures 25.02% in year one, and rental yield registers 8.87% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 129.96% and total cumulative return in cash totals $124,502. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,136/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23030, Charles City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,467 (100%) |
| Owner Occupied HU | 1,875 (76.0%) |
| Renter Occupied HU | 379 (15.4%) |
| Vacant Housing Units | 213 ( 8.6%) |
| Median Home Value | $286,942 |
| Average Home Value | $381,505 |
Housing Distribution
Address Breakdown
Residential
2,175
Single Family
2,175
Multi-Family
0
Businesses
180
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Listed by: Zachary Fauver • Real Broker LLC
Mls Name: CVRMLS
Mls ID: #2526948