1178 Preston Mill RdHuddlestonVA24104
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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 Huddleston at 1178 Preston Mill Rd, Huddleston, VA, 24104 generates $1,967/mo in rent and, after a $1,346/mo payment, leaves $323/mo in cash flow. Total monthly income is $1,967/mo, and annual cash flow is $3,877/yr on $91,163 invested. Return on cash invested sits at 24.16% in year one, and rental yield is 8.58% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 125.42% and total cumulative return in cash sums $114,335. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,967/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24104, Huddleston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 1,441 (50.4%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 1,216 (42.6%) |
| Median Home Value | $518,939 |
| Average Home Value | $582,353 |
Housing Distribution
Address Breakdown
Residential
1,875
Single Family
1,875
Multi-Family
0
Businesses
94
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Listed by: DAMON JONATHAN GETTIER • REAL BROKER LLC - DGA-SALEM
Mls Name: RVAR
Mls ID: #923335