Cedar w/ Basement Plan, Fairfield TraceHartfieldVA23071
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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
Rental property for sale in Hartfield at Cedar w/ Basement Plan, Fairfield Trace, Hartfield, VA, 23071 priced at $369,990 converts $1,920/mo rent into after a $1,811/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 17.05% in year one, and rental yield reads 6.23% against a $369,990 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,221 by year five. Five-year ROI reaches 87.28% and total cumulative return in cash sums $107,054. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23071, Hartfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 659 (62.0%) |
| Renter Occupied HU | 87 ( 8.2%) |
| Vacant Housing Units | 317 (29.8%) |
| Median Home Value | $374,638 |
| Average Home Value | $458,259 |
Housing Distribution
Address Breakdown
Residential
777
Single Family
777
Multi-Family
0
Businesses
67
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