6631 Spring Creek RdBridgewaterVA22812
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
Rental property for sale in Bridgewater at 6631 Spring Creek Rd, Bridgewater, VA, 22812 offers $2,172/mo rent that, after a $1,395/mo payment, leaves $468/mo cash flow. Total monthly income is $2,172/mo, and annual cash flow is $5,619/yr on $94,478 cash. Return on cash invested measures 25.86% in year one, and rental yield stands at 9.15% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 134.49% and total cumulative return in cash reaches $127,062. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,172/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22812, Bridgewater, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 2,358 (65.8%) |
| Renter Occupied HU | 987 (27.5%) |
| Vacant Housing Units | 241 ( 6.7%) |
| Median Home Value | $391,958 |
| Average Home Value | $461,972 |
Housing Distribution
Address Breakdown
Residential
3,483
Single Family
3,393
Multi-Family
90
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annie Anhold • Weichert Realtors Nancy Beahm Real Estate
Mls Name: HRAR
Mls ID: #656826
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.