894 Old Ferry RdHudginsVA23076
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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 Hudgins at 894 Old Ferry Rd, Hudgins, VA, 23076 priced at $675,000 pairs $1,500/mo rent with after a $3,304/mo payment. Total monthly income equals $1,500/mo. Return on cash invested is 6.36% in year one, and rental yield stands at 2.67% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 29.87% and total cumulative return in cash reaches $66,339. For financing, Ziffy Mortgage’s DSCR program evaluates $1,500/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23076, Hudgins, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 383 (41.4%) |
| Renter Occupied HU | 79 ( 8.5%) |
| Vacant Housing Units | 464 (50.1%) |
| Median Home Value | $475,368 |
| Average Home Value | $536,345 |
Housing Distribution
Address Breakdown
Residential
328
Single Family
328
Multi-Family
0
Businesses
25
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