1156 Thru DrPounding MillVA24637
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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
Investment property for sale in Pounding Mill at 1156 Thru Dr, Pounding Mill, VA, 24637 uses $62,952 cash to close to unlock $3,963/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $1,465/mo, and a $929/mo payment keeps the spread at $330/mo. Purchase price stands at $189,900, and rental yield measures 9.26% with $1,465/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 136.36% and total cumulative return in cash records $85,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,465/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24637, Pounding Mill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,557 (100%) |
| Owner Occupied HU | 1,215 (78.0%) |
| Renter Occupied HU | 217 (13.9%) |
| Vacant Housing Units | 125 ( 8.0%) |
| Median Home Value | $155,676 |
| Average Home Value | $180,856 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,193
Multi-Family
0
Businesses
143
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Listed by: Lisa Cordle • C&C Realty (Cordle & Company)
Mls Name: SWVAR
Mls Provider:
Mls ID: #89033
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.