9244 Baker LnBristolVA24202
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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 Bristol at 9244 Baker Ln, Bristol, VA, 24202 listed at $129,900 pairs $1,042/mo rent with a $636/mo payment to leave $265/mo cash flow. Total monthly income runs $1,042/mo, and annual cash flow reaches $3,183/yr on $43,062 cash to close. Return on cash invested measures 27.3% in year one, and rental yield registers 9.63% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 142.28% and total cumulative return in cash totals $61,267. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,042/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1978
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24202, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,750 (100%) |
| Owner Occupied HU | 4,280 (74.4%) |
| Renter Occupied HU | 832 (14.5%) |
| Vacant Housing Units | 638 (11.1%) |
| Median Home Value | $235,876 |
| Average Home Value | $327,336 |
Housing Distribution
Address Breakdown
Residential
5,715
Single Family
5,715
Multi-Family
0
Businesses
402
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Listed by: Phyllis Harrison • Berkshire HHS, Jones Property Group
Mls Name: TVRMLS
Mls ID: #9970031
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