6435 Bandy RdBandyVA24602
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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 Bandy at 6435 Bandy Rd, Bandy, VA, 24602 listed at $153,000 pairs $1,060/mo rent with a $749/mo payment to leave $145/mo cash flow. Total monthly income runs $1,060/mo, and annual cash flow reaches $1,743/yr on $50,720 cash to close. Return on cash invested measures 23.35% in year one, and rental yield registers 8.31% at a $153,000 basis. Equity gained on principal adds $987/yr, and annual property appreciation at 5% supports $42,271 by year five. Five-year ROI tracks 121.04% and total cumulative return in cash totals $61,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,060/mo property income relative to a $749/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2006
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24602, Bandy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 484 (100%) |
| Owner Occupied HU | 313 (64.7%) |
| Renter Occupied HU | 75 (15.5%) |
| Vacant Housing Units | 96 (19.8%) |
| Median Home Value | $102,232 |
| Average Home Value | $129,313 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
405
Multi-Family
0
Businesses
6
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Listed by: Melissa Cline • Riverside Realty & Auction Inc
Mls Name: SWVAR
Mls Provider:
Mls ID: #100068
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.