121 Sharps Creek DrScottsvilleVA24590
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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 Scottsville at 121 Sharps Creek Dr, Scottsville, VA, 24590 uses $120,169 cash to close to unlock $4,515/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $2,543/mo, and a $1,774/mo payment keeps the spread at $376/mo. Purchase price stands at $362,500, and rental yield measures 8.42% with $2,543/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $100,152 over five years. Five-year ROI reaches 122.73% and total cumulative return in cash records $147,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,543/mo property income covering a $1,774/mo payment rather than investor’s personal income.
Single Family
Built in 2025
3.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24590, Scottsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,739 (100%) |
| Owner Occupied HU | 2,733 (73.1%) |
| Renter Occupied HU | 612 (16.4%) |
| Vacant Housing Units | 394 (10.5%) |
| Median Home Value | $333,301 |
| Average Home Value | $423,589 |
Housing Distribution
Address Breakdown
Residential
3,256
Single Family
3,256
Multi-Family
0
Businesses
187
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Listed by: Jason Meeks • Meeks Realty
Mls Name: Bright MLS
Mls ID: #VABH2000224