Randolph Plan, Noah's Landing, Bumpass, VA, 23024 | 5.16% Rental Yield

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Randolph Plan, Noah's Landing, Bumpass, VA, 23024 | 5.16% Rental Yield | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bumpass at Randolph Plan, Noah's Landing, Bumpass, VA, 23024 offers a 5.16% rental yield on a $641,520 purchase with $2,760/mo rent. 95% in year one. Equity gained on principal adds $4,140/yr while 5% annual appreciation supports $177,240 over five years. Portfolio math shows five-year ROI at 70.59% and total cumulative return in cash at $148,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $3,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Randolph! A carefully constructed two-story house that combines convenience and beauty! This property offers three bedrooms, one-half bath, and two bathrooms, making it ideal for easing living. Walk inside, and you'll find an open family room that leads into our perfectly designed kitchen. The kitchen offers plenty of cabinets, sleek finishes, and a versatile island to enhance your cooking and entertaining space. Just off the kitchen, a cozy dinette provides a perfect spot for casual meals. Retreat to the expansive primary suite, a true oasis featuring a bathroom and a generous walk-in closet?perfect for keeping everything organized. A versatile flex room is perfect for a home office, playroom, or cozy reading nook. Upstairs, you'll find two spacious bedrooms with plenty of closet space. The layout provides flexibility, ideal for growing families or those seeking extra space for guests or hobbies. Enjoy the charm of front and back porches where you can unwind and decompress. An attached two-car garage offers convenient parking. With its thoughtful design and adaptable layout, this home is perfect for those seeking style and functionality. Contact us to learn more about your future home!

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