124 Meadow Dr, South Boston, VA, 24592 | $1,246/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in South Boston at 124 Meadow Dr, South Boston, VA, 24592 offers a 13.91% rental yield on a $221,998 purchase with $2,573/mo rent. Total monthly income registers $2,573/mo, and a $1,087/mo payment leaves $1,246/mo available for distribution. Annual cash flow reaches $14,946/yr on $73,592 to close, and return on cash invested stands at 40.22% in year one. Equity gained on principal adds $1,433/yr while 5% annual appreciation supports $61,334 over five years. Portfolio math shows five-year ROI at 211.51% and total cumulative return in cash at $155,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,573/mo property income against a $1,087/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1979

1 Acres lot

$N/A/sqft

No HOA