11811 Central StCoeburnVA24230
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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 Coeburn at 11811 Central St, Coeburn, VA, 24230 uses $42,764 cash to close to unlock $7,743/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $1,416/mo, and a $631/mo payment keeps the spread at $645/mo. Purchase price stands at $129,000, and rental yield measures 13.17% with $1,416/mo rent. Return on cash invested shows 38.02% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 199.77% and total cumulative return in cash records $85,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,416/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24230, Coeburn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,868 (100%) |
| Owner Occupied HU | 2,358 (61.0%) |
| Renter Occupied HU | 750 (19.4%) |
| Vacant Housing Units | 760 (19.6%) |
| Median Home Value | $139,552 |
| Average Home Value | $167,802 |
Housing Distribution
Address Breakdown
Residential
2,687
Single Family
2,665
Multi-Family
22
Businesses
149
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Listed by: Suzette Robinson • Century 21 Bennett & Edwards
Mls Name: TVRMLS
Mls ID: #9980219
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