1040 Shepherds Gate RdSouth BostonVA24592








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Nearby investment properties with comparable prices

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 South Boston at 1040 Shepherds Gate Rd, South Boston, VA, 24592 priced at $159,900 converts $1,448/mo rent into $492/mo cash flow after a $783/mo obligation. Total monthly income equals $1,448/mo, and annual cash flow totals $5,901/yr on $53,007 invested. Return on cash invested prints 31.04% in year one, and rental yield reads 10.87% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 162.28% and total cumulative return in cash sums $86,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,448/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1954
1.30 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Drew S. Anderson • Anderson Realty
Mls Name: South Central AOR VA
Mls Provider:
Mls ID: #57133
Disclaimer: Copyright of the South Central Association of Realtors. All rights reserved.Information is deemed reliable but not guaranteed.








