1014 Washington Ave, South Boston, VA, 24592 | $471/mo Cash Flow

For Sale

Ziffy Mortgage

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 South Boston at 1014 Washington Ave, South Boston, VA, 24592 listed at $398,500 pairs $2,853/mo rent with a $1,950/mo payment to leave $471/mo cash flow. Total monthly income runs $2,853/mo, and annual cash flow reaches $5,655/yr on $132,103 cash to close. Return on cash invested measures 24.19% in year one, and rental yield registers 8.59% at a $398,500 basis. Equity gained on principal adds $2,571/yr, and annual property appreciation at 5% supports $110,098 by year five. Five-year ROI tracks 125.54% and total cumulative return in cash totals $165,841. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,853/mo property income relative to a $1,950/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1888

1.04 Acres lot

$N/A/sqft

No HOA