1159 Hankey Mountain HwyChurchvilleVA24421
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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 Churchville at 1159 Hankey Mountain Hwy, Churchville, VA, 24421 earns $549/mo cash flow from $2,044/mo rent with a $1,224/mo payment. Total monthly income totals $2,044/mo, and annual cash flow totals $6,590/yr on $82,875 capital. ROI tracks 27.86% on current figures, and rental yield reads 9.81% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 145.27% and total cumulative return in cash sums $120,394. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,044/mo property income instead of your personal income.
Single Family
Built in 1975
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24421, Churchville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,204 (81.3%) |
| Renter Occupied HU | 156 (10.5%) |
| Vacant Housing Units | 121 ( 8.2%) |
| Median Home Value | $398,976 |
| Average Home Value | $470,073 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
60
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Listed by: JENNY MITCHELL • EXP REALTY LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #665722