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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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Listed by: Stacy Powell • Keller Williams
Mls Name: LMLS
Mls ID: #360075
Investment property for sale in Halifax at 1116 Pine Height Trl, Halifax, VA, 24558 uses $59,305 cash to close to unlock $5,966/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $1,567/mo, and a $876/mo payment keeps the spread at $497/mo. Purchase price stands at $178,900, and rental yield measures 10.51% with $1,567/mo rent. Return on cash invested shows 29.97% in year one, and 5% annual appreciation builds toward $49,427 over five years. Five-year ROI reaches 156.59% and total cumulative return in cash records $92,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,567/mo property income covering a $876/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24558, Halifax, VA area.
| 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 |
Residential
2,595
Single Family
2,567
Multi-Family
28
Businesses
205
Date | Event | Price |
|---|---|---|
| No price history data available | ||
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
