8023 Eddie LnQuintonVA23141
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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 Quinton at 8023 Eddie Ln, Quinton, VA, 23141 offers a 8.26% rental yield on a $384,750 purchase with $2,647/mo rent. Total monthly income registers $2,647/mo, and a $1,883/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,166/yr on $127,545 to close, and return on cash invested stands at 23.18% in year one. Equity gained on principal adds $2,483/yr while 5% annual appreciation supports $106,299 over five years. Portfolio math shows five-year ROI at 120.11% and total cumulative return in cash at $153,196. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,647/mo property income against a $1,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23141, Quinton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 3,020 (87.0%) |
| Renter Occupied HU | 308 ( 8.9%) |
| Vacant Housing Units | 142 ( 4.1%) |
| Median Home Value | $402,200 |
| Average Home Value | $493,671 |
Housing Distribution
Address Breakdown
Residential
3,276
Single Family
3,233
Multi-Family
43
Businesses
234
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