672 Copper Hill RdRiceVA23966
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 Rice at 672 Copper Hill Rd, Rice, VA, 23966 uses $96,135 cash to close to unlock $9,322/yr annual cash flow and $777/mo monthly cash flow. Total monthly income runs $2,510/mo, and a $1,419/mo payment keeps the spread at $777/mo. Purchase price stands at $290,000, and rental yield measures 10.39% with $2,510/mo rent. Return on cash invested shows 29.61% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 154.56% and total cumulative return in cash records $148,588. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,510/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1995
7.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23966, Rice, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,140 (100%) |
| Owner Occupied HU | 767 (67.3%) |
| Renter Occupied HU | 268 (23.5%) |
| Vacant Housing Units | 105 ( 9.2%) |
| Median Home Value | $215,317 |
| Average Home Value | $222,559 |
Housing Distribution
Address Breakdown
Residential
1,030
Single Family
1,030
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
