8136 Bear Ridge Rd SECopper HillVA24079
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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
Rental property for sale in Copper Hill at 8136 Bear Ridge Rd SE, Copper Hill, VA, 24079 generates $1,448/mo in rent, after a $1,566/mo payment. Total monthly income is $1,448/mo. Return on cash invested sits at 14.65% in year one, and rental yield is 5.43% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 74.4% and total cumulative return in cash sums $78,927. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,448/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
7.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24079, Copper Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 657 (68.4%) |
| Renter Occupied HU | 102 (10.6%) |
| Vacant Housing Units | 202 (21.0%) |
| Median Home Value | $265,678 |
| Average Home Value | $339,528 |
Housing Distribution
Address Breakdown
Residential
830
Single Family
830
Multi-Family
0
Businesses
21
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Listed by: Craig Chancellor • Re/Max Dominion
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424290
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.