957 Ridge RdCallaoVA22435
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 Callao at 957 Ridge Rd, Callao, VA, 22435 offers a 10.05% rental yield on a $375,000 purchase with $3,142/mo rent. Total monthly income registers $3,142/mo, and a $1,835/mo payment leaves $901/mo available for distribution. Annual cash flow reaches $10,809/yr on $124,313 to close, and return on cash invested stands at 28.6% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 149.2% and total cumulative return in cash at $185,475. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,142/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22435, Callao, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,246 (100%) |
| Owner Occupied HU | 786 (63.1%) |
| Renter Occupied HU | 181 (14.5%) |
| Vacant Housing Units | 279 (22.4%) |
| Median Home Value | $231,250 |
| Average Home Value | $336,307 |
Housing Distribution
Address Breakdown
Residential
860
Single Family
853
Multi-Family
7
Businesses
99
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