7418 Nancemond StSpringfieldVA22150
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing7418 Nancemond St, Springfield, VA, 22150 in Springfield is a stable, well-positioned rental at $729,000. Rental yield 6.25%. DSCR 1.16 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $201,409 in value and $6,714/yr in principal paydown builds equity, a total projected return of $239,829.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.2% |
| Monthly Cash Flow | $(559) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,799 |
| Total Monthly Debt Service | $4,068 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
10,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22150, Springfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,368 (100%) |
| Owner Occupied HU | 5,654 (60.4%) |
| Renter Occupied HU | 3,219 (34.4%) |
| Vacant Housing Units | 495 ( 5.3%) |
| Median Home Value | $697,287 |
| Average Home Value | $792,043 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
6,617
Multi-Family
2,601
Businesses
1,248
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
Single Family
Built in 1954
10,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22150, Springfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,368 (100%) |
| Owner Occupied HU | 5,654 (60.4%) |
| Renter Occupied HU | 3,219 (34.4%) |
| Vacant Housing Units | 495 ( 5.3%) |
| Median Home Value | $697,287 |
| Average Home Value | $792,043 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
6,617
Multi-Family
2,601
Businesses
1,248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Hall • Foxtrot Company
Mls Name: Bright MLS
Mls ID: #VAFX2283872