8924 Peoria CtSpringfieldVA22153
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
Investment property for sale in Springfield at 8924 Peoria Ct, Springfield, VA, 22153 listed at $850,000 pairs $4,076/mo rent with a $4,160/mo payment. Total monthly income runs $4,076/mo. Return on cash invested measures 15.75% in year one, and rental yield registers 5.75% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 80.23% and total cumulative return in cash totals $224,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,076/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22153, Springfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,659 (100%) |
| Owner Occupied HU | 9,068 (85.1%) |
| Renter Occupied HU | 1,290 (12.1%) |
| Vacant Housing Units | 301 ( 2.8%) |
| Median Home Value | $726,907 |
| Average Home Value | $756,308 |
Housing Distribution
Address Breakdown
Residential
10,807
Single Family
10,807
Multi-Family
0
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Nellis • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAFX2284816