1153 Kentuck Church RdRinggoldVA24586
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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 Ringgold at 1153 Kentuck Church Rd, Ringgold, VA, 24586 priced at $240,000 pairs $1,894/mo rent with $459/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,894/mo, and annual cash flow comes to $5,508/yr on $79,560 invested. Return on cash invested is 26.83% in year one, and rental yield stands at 9.47% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 139.67% and total cumulative return in cash reaches $111,122. For financing, Ziffy Mortgage’s DSCR program evaluates $1,894/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24586, Ringgold, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,364 (100%) |
| Owner Occupied HU | 1,645 (69.6%) |
| Renter Occupied HU | 436 (18.4%) |
| Vacant Housing Units | 283 (12.0%) |
| Median Home Value | $159,621 |
| Average Home Value | $183,345 |
Housing Distribution
Address Breakdown
Residential
2,326
Single Family
2,326
Multi-Family
0
Businesses
94
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Listed by: Teresa Edwards-Moody • KELLER WILLIAMS
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74282
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.