1102 Goodes Ferry RdSouth HillVA23970
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 South Hill at 1102 Goodes Ferry Rd, South Hill, VA, 23970 earns $337/mo cash flow from $1,317/mo rent with a $802/mo payment. Total monthly income totals $1,317/mo, and annual cash flow totals $4,049/yr on $54,333 capital. ROI tracks 27.36% on current figures, and rental yield reads 9.64% at a $163,900 purchase. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,283 over five years. Five-year ROI reaches 142.57% and total cumulative return in cash sums $77,462. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,317/mo property income instead of your personal income.
Single Family
Built in 1986
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23970, South Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,990 (100%) |
| Owner Occupied HU | 2,055 (51.5%) |
| Renter Occupied HU | 1,432 (35.9%) |
| Vacant Housing Units | 503 (12.6%) |
| Median Home Value | $195,337 |
| Average Home Value | $244,914 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,571
Multi-Family
178
Businesses
536
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Nearby investment properties with comparable prices
Listed by: Kristen DeJarnette • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #140560