1079 Chatham RdHalifaxVA24558
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Halifax at 1079 Chatham Rd, Halifax, VA, 24558 earns $100/mo cash flow from $1,116/mo rent with a $832/mo payment. Total monthly income totals $1,116/mo, and annual cash flow totals $1,199/yr on $56,322 capital. ROI tracks 22.04% on current figures, and rental yield reads 7.88% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 113.97% and total cumulative return in cash sums $64,190. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,116/mo property income instead of your personal income.
Single Family
Built in 1960
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24558, Halifax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,380 (100%) |
| Owner Occupied HU | 2,192 (64.9%) |
| Renter Occupied HU | 731 (21.6%) |
| Vacant Housing Units | 457 (13.5%) |
| Median Home Value | $165,402 |
| Average Home Value | $221,179 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,567
Multi-Family
28
Businesses
205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices