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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Dillwyn at 1112 Scotts Bottom Rd, Dillwyn, VA, 23936 offers $2,304/mo rent that, after a $2,202/mo payment. Total monthly income is $2,304/mo. Return on cash invested measures 16.81% in year one, and rental yield stands at 6.15% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 85.94% and total cumulative return in cash reaches $128,170. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,304/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23936, Dillwyn, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,620 (62.8%) |
| Renter Occupied HU | 559 (21.7%) |
| Vacant Housing Units | 399 (15.5%) |
| Median Home Value | $239,356 |
| Average Home Value | $271,000 |
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
169
Date | Event | Price |
|---|---|---|
| 2024-10-22 | Price change | $449,900 |
| 2024-09-11 | Price change | $465,000 |
| 2024-07-30 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $1029.05 | 5.77% | $187,100 | N/A |
| 2022-11-13 | $972.92 | N/A | $187,100 | N/A |
| 2021-11-13 | $972.92 | -5.45% | $187,100 | N/A |
Listed by: Jason Meeks • Meeks Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2419502
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
