6710 Heritage RdPrince GeorgeVA23875
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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 Prince George at 6710 Heritage Rd, Prince George, VA, 23875 offers a 10.56% rental yield on a $265,000 purchase with $2,333/mo rent. Total monthly income registers $2,333/mo, and a $1,297/mo payment leaves $749/mo available for distribution. Annual cash flow reaches $8,987/yr on $87,848 to close, and return on cash invested stands at 30.14% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 157.42% and total cumulative return in cash at $138,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,333/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23875, Prince George, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,093 (100%) |
| Owner Occupied HU | 3,408 (66.9%) |
| Renter Occupied HU | 1,358 (26.7%) |
| Vacant Housing Units | 327 ( 6.4%) |
| Median Home Value | $290,744 |
| Average Home Value | $331,130 |
Housing Distribution
Address Breakdown
Residential
5,043
Single Family
4,441
Multi-Family
602
Businesses
452
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Listed by: Ronnie Joswick • Ingram & Associates-Hopewell
Mls Name: CVRMLS
Mls ID: #2600061