6369 Piper Ridge DrPowhatanVA23139
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 Powhatan at 6369 Piper Ridge Dr, Powhatan, VA, 23139 earns $138/mo cash flow from $3,425/mo rent with a $2,691/mo payment. Total monthly income totals $3,425/mo, and annual cash flow totals $1,659/yr on $180,917 capital. ROI tracks 20.98% on current figures, and rental yield reads 7.47% at a $549,900 purchase. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 over five years. Five-year ROI reaches 108.27% and total cumulative return in cash sums $195,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,425/mo property income instead of your personal income.
Single Family
Built in 2024
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23139, Powhatan, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,219 (100%) |
| Owner Occupied HU | 9,844 (87.7%) |
| Renter Occupied HU | 971 ( 8.7%) |
| Vacant Housing Units | 404 ( 3.6%) |
| Median Home Value | $435,707 |
| Average Home Value | $493,294 |
Housing Distribution
Address Breakdown
Residential
11,097
Single Family
11,096
Multi-Family
1
Businesses
780
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