74-76 78 Halifax DrCollinsvilleVA24078
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 Collinsville at 74-76 78 Halifax Dr, Collinsville, VA, 24078 offers a 0.74% rental yield on a $1,650,000 purchase with $1,014/mo rent. 51% in year one. Equity gained on principal adds $10,647/yr while 5% annual appreciation supports $455,865 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,014/mo property income against a $8,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24078, Collinsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,549 (100%) |
| Owner Occupied HU | 1,893 (53.3%) |
| Renter Occupied HU | 1,234 (34.8%) |
| Vacant Housing Units | 422 (11.9%) |
| Median Home Value | $137,580 |
| Average Home Value | $165,283 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
3,088
Multi-Family
94
Businesses
289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa J. Spencer • Piedmont Realty
Mls Name: MVMLS
Mls ID: #145621