756 Academic LnHeathsvilleVA22473
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
Rental property for sale in Heathsville at 756 Academic Ln, Heathsville, VA, 22473 offers $1,239/mo rent that, after a $783/mo payment, leaves $283/mo cash flow. Total monthly income is $1,239/mo, and annual cash flow is $3,392/yr on $53,040 cash. Return on cash invested measures 26.3% in year one, and rental yield stands at 9.29% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 136.88% and total cumulative return in cash reaches $72,602. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,239/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22473, Heathsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,005 (100%) |
| Owner Occupied HU | 2,168 (54.1%) |
| Renter Occupied HU | 308 ( 7.7%) |
| Vacant Housing Units | 1,529 (38.2%) |
| Median Home Value | $363,682 |
| Average Home Value | $428,539 |
Housing Distribution
Address Breakdown
Residential
2,780
Single Family
2,752
Multi-Family
28
Businesses
120
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Listed by: Sabrina Conley • Keller Williams Fairfax Gateway
Mls Name: Northern Neck AOR
Mls ID: #118443
Disclaimer: Copyright Northern Neck Association of Realtors. All rights reserved. Listing information is deemed reliable, but not guaranteed.