








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Rustburg at 113 Luke Ct, Rustburg, VA, 24588 earns $241/mo cash flow from $2,034/mo rent with a $1,468/mo payment. Total monthly income totals $2,034/mo, and annual cash flow totals $2,893/yr on $99,417 capital. ROI tracks 22.82% on current figures, and rental yield reads 8.14% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 118.21% and total cumulative return in cash sums $117,520. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,034/mo property income instead of your personal income.
Townhouse
Built in 2025
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,025 (100%) |
| Owner Occupied HU | 2,961 (73.6%) |
| Renter Occupied HU | 721 (17.9%) |
| Vacant Housing Units | 343 ( 8.5%) |
| Median Home Value | $254,650 |
| Average Home Value | $251,510 |
Residential
3,969
Single Family
3,969
Multi-Family
0
Businesses
252
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Charlie Watts • Watts Auction Realty Appra Inc
Mls Name: LMLS
Mls ID: #359823