98 Gunnar WayBumpassVA23024
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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
Rental property for sale in Bumpass at 98 Gunnar Way, Bumpass, VA, 23024 priced at $470,000 pairs $3,082/mo rent with $273/mo cash flow after a $2,300/mo payment. Total monthly income equals $3,082/mo, and annual cash flow comes to $3,274/yr on $155,805 invested. Return on cash invested is 22.01% in year one, and rental yield stands at 7.87% on a $470,000 basis. Equity gained on principal adds $3,033/yr, and 5% annual appreciation accumulates to $129,852 by year five. Five-year ROI measures 113.83% and total cumulative return in cash reaches $177,357. For financing, Ziffy Mortgage’s DSCR program evaluates $3,082/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23024, Bumpass, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,859 (100%) |
| Owner Occupied HU | 3,486 (71.7%) |
| Renter Occupied HU | 451 ( 9.3%) |
| Vacant Housing Units | 922 (19.0%) |
| Median Home Value | $377,866 |
| Average Home Value | $491,029 |
Housing Distribution
Address Breakdown
Residential
4,523
Single Family
4,523
Multi-Family
0
Businesses
72
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