1046 Clarks RdRustburgVA24588
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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
Investment Highlights
Investment property for sale in Rustburg at 1046 Clarks Rd, Rustburg, VA, 24588 uses $75,914 cash to close to unlock $227/yr annual cash flow and $19/mo monthly cash flow. Total monthly income runs $1,388/mo, and a $1,121/mo payment keeps the spread at $19/mo. Purchase price stands at $229,000, and rental yield measures 7.27% with $1,388/mo rent. Return on cash invested shows 20.21% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 104.18% and total cumulative return in cash records $79,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,388/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Manufactured
Built in 1970
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,025 (100%) |
| Owner Occupied HU | 2,961 (73.6%) |
| Renter Occupied HU | 721 (17.9%) |
| Vacant Housing Units | 343 ( 8.5%) |
| Median Home Value | $254,650 |
| Average Home Value | $251,510 |
Housing Distribution
Address Breakdown
Residential
3,969
Single Family
3,969
Multi-Family
0
Businesses
252
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