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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fork Union at 1060 E River Rd, Fork Union, VA, 23055 with 5% annual appreciation on a $389,900 basis while $2,677/mo rent supports operations. Total monthly income totals $2,677/mo and a $1,908/mo payment preserves $347/mo for cash returns. Annual cash flow comes to $4,159/yr on $129,252 deployed, and return on cash invested reaches 23.13% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 8.24%. Five-year ROI measures 119.83% and total cumulative return in cash totals $154,885.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,677/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23055, Fork Union, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 384 (100%) |
| Owner Occupied HU | 269 (70.1%) |
| Renter Occupied HU | 65 (16.9%) |
| Vacant Housing Units | 50 (13.0%) |
| Median Home Value | $278,797 |
| Average Home Value | $304,164 |
Residential
272
Single Family
272
Multi-Family
0
Businesses
58
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-23 | $1823.04 | N/A | $216,000 | 10.26% |
| 2022-09-23 | N/A | N/A | $195,900 | N/A |
| 2021-09-23 | N/A | N/A | $195,900 | N/A |
Listed by: Brenda Martinez • 1st Class Real Estate Flagship
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10602877
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