70 Henry Hill DrFairfieldVA24435
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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 Fairfield at 70 Henry Hill Dr, Fairfield, VA, 24435 generates $4,364/mo in rent, after a $6,338/mo payment. Total monthly income is $4,364/mo. Return on cash invested sits at 10.71% in year one, and rental yield is 4.04% on a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 53.15% and total cumulative return in cash sums $223,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,364/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
12.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24435, Fairfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 891 (100%) |
| Owner Occupied HU | 596 (66.9%) |
| Renter Occupied HU | 162 (18.2%) |
| Vacant Housing Units | 133 (14.9%) |
| Median Home Value | $254,762 |
| Average Home Value | $278,901 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
Multi-Family
0
Businesses
67
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Listed by: Paula J. Martin • Lexington Real Estate Connection
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #138717
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