68 Elm CtBraceyVA23919
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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
Rental property for sale in Bracey at 68 Elm Ct, Bracey, VA, 23919 generates $1,530/mo in rent and, after a $1,120/mo payment, leaves $162/mo in cash flow. Total monthly income is $1,530/mo, and annual cash flow is $1,944/yr on $75,880 invested. Return on cash invested sits at 22.47% in year one, and rental yield is 8.02% on a $228,900 entry. Equity gained on principal adds $1,477/yr, while 5% annual appreciation builds toward $63,241 over five years. Five-year ROI reaches 116.37% and total cumulative return in cash sums $88,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,530/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23919, Bracey, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 976 (30.2%) |
| Renter Occupied HU | 156 ( 4.8%) |
| Vacant Housing Units | 2,096 (64.9%) |
| Median Home Value | $387,387 |
| Average Home Value | $389,526 |
Housing Distribution
Address Breakdown
Residential
1,247
Single Family
1,247
Multi-Family
0
Businesses
98
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