7107 Perrin DrPrince 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 7107 Perrin Dr, Prince George, VA, 23875 uses $112,677 cash to close to unlock $8,673/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $2,755/mo, and a $1,664/mo payment keeps the spread at $723/mo. Purchase price stands at $339,900, and rental yield measures 9.73% with $2,755/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 143.84% and total cumulative return in cash records $162,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,755/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1969
7,061 sqft 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: Troy Gibbs • EXP Realty LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2429211
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.