1112 Loftis RdSouth BostonVA24592
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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
Rental property for sale in South Boston at 1112 Loftis Rd, South Boston, VA, 24592 generates $3,058/mo in rent and, after a $2,105/mo payment, leaves $487/mo in cash flow. Total monthly income is $3,058/mo, and annual cash flow is $5,846/yr on $142,545 invested. Return on cash invested sits at 24.01% in year one, and rental yield is 8.53% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 124.58% and total cumulative return in cash sums $177,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,058/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
3.33 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Randy Mulchi • Real Broker, LLC
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71594
Disclaimer: Copyright Southern Piedmont Land & Lake Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.