1111 Jennings Gap RdChurchvilleVA24421
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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 Churchville at 1111 Jennings Gap Rd, Churchville, VA, 24421 offers a 6.92% rental yield on a $299,999 purchase with $1,729/mo rent. 14% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 98.41% and total cumulative return in cash at $97,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,729/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24421, Churchville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,204 (81.3%) |
| Renter Occupied HU | 156 (10.5%) |
| Vacant Housing Units | 121 ( 8.2%) |
| Median Home Value | $398,976 |
| Average Home Value | $470,073 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
60
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Listed by: SAM ACORD • FREEDOM REALTY GROUP LLC
Mls Name: CAAR
Mls ID: #670364