8820 Nutbush RdGreen BayVA23942
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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 Green Bay at 8820 Nutbush Rd, Green Bay, VA, 23942 generates $1,579/mo in rent, after a $2,437/mo payment. Total monthly income is $1,579/mo. Return on cash invested sits at 9.75% in year one, and rental yield is 3.8% on a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation builds toward $137,588 over five years. Five-year ROI reaches 48.09% and total cumulative return in cash sums $79,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,579/mo property income rather than buyer’s personal income.
Single Family
Built in 1869
24.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23942, Green Bay, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 316 (61.7%) |
| Renter Occupied HU | 114 (22.3%) |
| Vacant Housing Units | 82 (16.0%) |
| Median Home Value | $248,980 |
| Average Home Value | $418,022 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
11
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