12157 Mountain RdVernon HillVA24597
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Nearby investment properties with comparable prices
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 Vernon Hill at 12157 Mountain Rd, Vernon Hill, VA, 24597 listed at $348,500 pairs $2,358/mo rent with a $1,706/mo payment to leave $274/mo cash flow. Total monthly income runs $2,358/mo, and annual cash flow reaches $3,294/yr on $115,528 cash to close. Return on cash invested measures 22.76% in year one, and rental yield registers 8.12% at a $348,500 basis. Equity gained on principal adds $2,249/yr, and annual property appreciation at 5% supports $96,284 by year five. Five-year ROI tracks 117.87% and total cumulative return in cash totals $136,175. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,358/mo property income relative to a $1,706/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24597, Vernon Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 591 (100%) |
| Owner Occupied HU | 367 (62.1%) |
| Renter Occupied HU | 84 (14.2%) |
| Vacant Housing Units | 140 (23.7%) |
| Median Home Value | $237,766 |
| Average Home Value | $267,732 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
544
Multi-Family
0
Businesses
11
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Listed by: Rebecca Vest • Southern Pine Realty Solutions - Halifax
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71605