7128 Hicks Ford RdDrewryvilleVA23844
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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 Drewryville at 7128 Hicks Ford Rd, Drewryville, VA, 23844 earns $320/mo cash flow from $1,276/mo rent with a $783/mo payment. Total monthly income totals $1,276/mo, and annual cash flow totals $3,836/yr on $53,040 capital. ROI tracks 27.14% on current figures, and rental yield reads 9.57% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 141.38% and total cumulative return in cash sums $74,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,276/mo property income instead of your personal income.
Single Family
Built in 1969
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23844, Drewryville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 193 (61.7%) |
| Renter Occupied HU | 65 (20.8%) |
| Vacant Housing Units | 55 (17.6%) |
| Median Home Value | $215,816 |
| Average Home Value | $249,456 |
Housing Distribution
Address Breakdown
Residential
241
Single Family
241
Multi-Family
0
Businesses
13
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Listed by: Vera Barnes • Williams Real Estate
Mls Name: REIN Inc.
Mls ID: #10616125