872 Two Bid RdEvingtonVA24550
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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 Evington at 872 Two Bid Rd, Evington, VA, 24550 offers $3,666/mo rent that, after a $1,992/mo payment, leaves $1,233/mo cash flow. Total monthly income is $3,666/mo, and annual cash flow is $14,798/yr on $134,887 cash. Return on cash invested measures 30.88% in year one, and rental yield stands at 10.81% at a $406,900 entry. Equity gained on principal adds $2,626/yr while 5% annual appreciation compounds into $112,419 by year five. Five-year ROI records 161.42% and total cumulative return in cash reaches $217,738. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,666/mo property income versus a $1,992/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
3.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24550, Evington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,543 (75.5%) |
| Renter Occupied HU | 556 (16.5%) |
| Vacant Housing Units | 267 ( 7.9%) |
| Median Home Value | $310,759 |
| Average Home Value | $328,621 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,193
Multi-Family
0
Businesses
85
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