Berkeley Plan, BrickshireProvidence ForgeVA23140
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
Rental property for sale in Providence Forge at Berkeley Plan, Brickshire, Providence Forge, VA, 23140 priced at $608,950 pairs $4,522/mo rent with $881/mo cash flow after a $2,981/mo payment. Total monthly income equals $4,522/mo, and annual cash flow comes to $10,576/yr on $200,345 invested. Return on cash invested is 25.34% in year one, and rental yield stands at 8.91% on a $608,950 basis. Equity gained on principal adds $3,929/yr, and 5% annual appreciation accumulates to $168,242 by year five. Five-year ROI measures 131.66% and total cumulative return in cash reaches $263,774. For financing, Ziffy Mortgage’s DSCR program evaluates $4,522/mo property income against a $2,981/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23140, Providence Forge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 2,202 (82.6%) |
| Renter Occupied HU | 312 (11.7%) |
| Vacant Housing Units | 151 ( 5.7%) |
| Median Home Value | $418,526 |
| Average Home Value | $428,198 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,765
Multi-Family
0
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Muire • Main Street Homes
Mls Name: Main Street Homes
Mls Provider:
Mls ID: #N/A