915 King Carter DrIrvingtonVA22480
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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 Irvington at 915 King Carter Dr, Irvington, VA, 22480 offers a 2.12% rental yield on a $1,695,000 purchase with $3,000/mo rent. 79% in year one. Equity gained on principal adds $10,938/yr while 5% annual appreciation supports $468,297 over five years. Portfolio math shows five-year ROI at 21.36% and total cumulative return in cash at $117,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $8,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22480, Irvington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 782 (100%) |
| Owner Occupied HU | 321 (41.0%) |
| Renter Occupied HU | 204 (26.1%) |
| Vacant Housing Units | 257 (32.9%) |
| Median Home Value | $357,979 |
| Average Home Value | $472,040 |
Housing Distribution
Address Breakdown
Residential
464
Single Family
304
Multi-Family
160
Businesses
113
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Listed by: Ann Meekins • Ann Meekins, Realtors
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #2412091
Disclaimer: All or a portion of the multiple Listing information is provided by the CBRAR Property Services, Inc. Multiple Listing Service, from a copyrighted compilation of Listings. All CBRAR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2024 CBRAR Property Services, Inc. All rights reserved.