1067 Wagstaff Ln, Scottsburg, VA, 24589 | $262/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
240 sft

2166 Union Grove Rd, South Boston, VA, 24592

3 Bed
2 Bath
1566 sft

1027 W Oak Hill Dr, Halifax, VA, 24558

2 Bed
2 Bath
748 sft

2119 Willow St, South Boston, VA, 24592

3 Bed
2 Bath
1848 sft

1901 Parker Ave, South Boston, VA, 24592

Nearby investment properties with comparable prices

3 Bed
2 Bath
1566 sft

1027 W Oak Hill Dr, Halifax, VA, 24558

2 Bed
2 Bath
748 sft

2119 Willow St, South Boston, VA, 24592

2 Bed
1 Bath
903 sft

122 Ridge St, Brookneal, VA, 24528

3 Bed
1 Bath
1303 sft

1028 Mount Carmel Rd, Alton, VA, 24520

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 Scottsburg at 1067 Wagstaff Ln, Scottsburg, VA, 24589 offers a 9.14% rental yield on a $159,900 purchase with $1,218/mo rent. Total monthly income registers $1,218/mo, and a $783/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,141/yr on $53,007 to close, and return on cash invested stands at 25.84% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 134.37% and total cumulative return in cash at $71,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,218/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

0.71 Acres lot

$N/A/sqft

No HOA