1020 Bold Springs Rd, South Boston, VA, 24592 | $560/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1100 sft

1387 Saint Paul Church Rd, Roxboro, NC, 27574

3 Bed
3 Bath
1440 sft

106 White Oak Dr, South Boston, VA, 24592

3 Bed
2 Bath
1246 sft

2080 Saint Paul Church Rd, Roxboro, NC, 27574

2 Bed
2 Bath
1160 sft

1099 Belt Blvd, South Boston, VA, 24592

Nearby investment properties with comparable prices

2 Bed
1 Bath
887 sft

150 Duke Dr, Buffalo Junction, VA, 24529

$ 209,900

ROI

Cash Flow/m

3 Bed
2 Bath
1456 sft

2117 Wilson Memorial Trl, Vernon Hill, VA, 24597

3 Bed
1 Bath
1100 sft

121 Forest Hill St, Clarksville, VA, 23927

4 Bed
2 Bath
2128 sft

5030 Bold Springs Rd, South Boston, VA, 24592

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in South Boston at 1020 Bold Springs Rd, South Boston, VA, 24592 uses $81,549 cash to close to unlock $6,714/yr annual cash flow and $560/mo monthly cash flow. Total monthly income runs $2,030/mo, and a $1,204/mo payment keeps the spread at $560/mo. Purchase price stands at $246,000, and rental yield measures 9.9% with $2,030/mo rent. Return on cash invested shows 28.14% in year one, and 5% annual appreciation builds toward $67,965 over five years. Five-year ROI reaches 146.74% and total cumulative return in cash records $119,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,030/mo property income covering a $1,204/mo payment rather than investor’s personal income.

Single Family

Built in 1968

0.70 Acres lot

$N/A/sqft

No HOA