902 River RdBraceyVA23919
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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
Investment property for sale in Bracey at 902 River Rd, Bracey, VA, 23919 uses $119,340 cash to close to unlock $14,988/yr annual cash flow and $1,249/mo monthly cash flow. Total monthly income runs $3,401/mo, and a $1,762/mo payment keeps the spread at $1,249/mo. Purchase price stands at $360,000, and rental yield measures 11.34% with $3,401/mo rent. Return on cash invested shows 32.47% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 169.9% and total cumulative return in cash records $202,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,401/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23919, Bracey, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 976 (30.2%) |
| Renter Occupied HU | 156 ( 4.8%) |
| Vacant Housing Units | 2,096 (64.9%) |
| Median Home Value | $387,387 |
| Average Home Value | $389,526 |
Housing Distribution
Address Breakdown
Residential
1,247
Single Family
1,247
Multi-Family
0
Businesses
98
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