1054 Shady LnSouth BostonVA24592
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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
Rental property for sale in South Boston at 1054 Shady Ln, South Boston, VA, 24592 generates $1,986/mo in rent, after a $1,810/mo payment. Total monthly income is $1,986/mo. Return on cash invested sits at 17.71% in year one, and rental yield is 6.44% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 90.79% and total cumulative return in cash sums $111,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,986/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
4.75 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Cathy Carter • Long and Foster - South Boston
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71637