6704 Clark RdPowhatanVA23139
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 Powhatan at 6704 Clark Rd, Powhatan, VA, 23139 generates $1,999/mo in rent and, after a $1,297/mo payment, leaves $415/mo in cash flow. Total monthly income is $1,999/mo, and annual cash flow is $4,980/yr on $87,831 invested. Return on cash invested sits at 25.58% in year one, and rental yield is 9.05% on a $264,950 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,201 over five years. Five-year ROI reaches 132.95% and total cumulative return in cash sums $116,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
2.14 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices