1071 Settlersway Ln,Goode,VA,24556

Investment Highlights

Investment property for sale in Goode at 1071 Settlersway Ln, Goode, VA, 24556 uses $72,897 cash to close to unlock $1,929/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,475/mo, and a $1,076/mo payment keeps the spread at $161/mo. Purchase price stands at $219,900, and rental yield measures 8.05% with $1,475/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 116.77% and total cumulative return in cash records $85,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,475/mo property income covering a $1,076/mo payment rather than investor’s personal income.