The Sullivan Plan, Noah's Landing, Bumpass, VA, 23024 | $373/mo Cash Flow

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The Sullivan Plan, Noah's Landing, Bumpass, VA, 23024 | $373/mo Cash Flow | 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

Rental property for sale in Bumpass at The Sullivan Plan, Noah's Landing, Bumpass, VA, 23024 offers $3,581/mo rent that, after a $2,594/mo payment, leaves $373/mo cash flow. Total monthly income is $3,581/mo, and annual cash flow is $4,474/yr on $174,367 cash. Return on cash invested measures 22.63% in year one, and rental yield stands at 8.11% at a $529,990 entry. Equity gained on principal adds $3,420/yr while 5% annual appreciation compounds into $146,426 by year five. Five-year ROI records 117.19% and total cumulative return in cash reaches $204,339. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,581/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

N/A lot

$N/A/sqft

$40 monthly HOA

More details about the property

Discover the perfect blend of comfort and elegance in this stunning 4-bedroom, farmhouse-style home located in the sought-after Noah's Landing community with exclusive access to the private side of Lake Anna. This two-story residence spans an impressive 2,472 square feet, designed for modern living with high-end finishes. As you enter, the expansive open floor plan connects the living areas seamlessly. The gourmet kitchen is equipped with a large island, quartz countertops, ceramic tile backsplash, and high-quality appliances, alongside a spacious corner pantry. Adjacent is a cozy breakfast area with direct access to an impressive 16x16 deck, ideal for entertaining. A separate dining room caters to formal occasions. Experience ultimate relaxation in the large owner's suite on the first floor, featuring a luxurious bathroom with a soaking tub, separate ceramic tile shower, and dual vanities. The second floor hosts three additional bedrooms, each with and additional bathroom, and a loft area perfect for a home office or lounge, meeting the needs of a modern lifestyle. Including a two-car garage for additional storage and vehicle space, residents of Noah's Landing enjoy a plethora of community amenities like tennis courts, beach, boat ramp, and exclusive shores of Lake Anna. Combining rural charm with convenience, this property is a true gem, offering an idyllic backdrop for all of life's moments.

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