12291 Old Franklin TpkeUnion HallVA24176
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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 Union Hall at 12291 Old Franklin Tpke, Union Hall, VA, 24176 generates $1,230/mo in rent and, after a $954/mo payment, leaves $65/mo in cash flow. Total monthly income is $1,230/mo, and annual cash flow is $777/yr on $64,643 invested. Return on cash invested sits at 21.11% in year one, and rental yield is 7.57% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 109.02% and total cumulative return in cash sums $70,474. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,230/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24176, Union Hall, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 616 (47.7%) |
| Renter Occupied HU | 86 ( 6.7%) |
| Vacant Housing Units | 589 (45.6%) |
| Median Home Value | $645,833 |
| Average Home Value | $696,855 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
1,009
Multi-Family
0
Businesses
37
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Listed by: Barbara R Johnston • SOUTH LAKE REAL ESTATE LLC
Mls Name: RVAR
Mls Provider:
Mls ID: #916504
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