1157 Laurel Grove RdSutherlinVA24594
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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 Sutherlin at 1157 Laurel Grove Rd, Sutherlin, VA, 24594 generates $2,087/mo in rent and, after a $1,517/mo payment, leaves $234/mo in cash flow. Total monthly income is $2,087/mo, and annual cash flow is $2,810/yr on $102,765 invested. Return on cash invested sits at 22.64% in year one, and rental yield is 8.08% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 117.27% and total cumulative return in cash sums $120,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,087/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24594, Sutherlin, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 473 (65.2%) |
| Renter Occupied HU | 115 (15.9%) |
| Vacant Housing Units | 137 (18.9%) |
| Median Home Value | $158,396 |
| Average Home Value | $190,005 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
751
Multi-Family
0
Businesses
26
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Listed by: Kimberly Fowlkes • KELLER WILLIAMS
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #72389
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.