13 Shultz LnGreenvilleVA24440
Nearby investment properties with comparable rents
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
Rental property for sale in Greenville at 13 Shultz Ln, Greenville, VA, 24440 offers $2,366/mo rent that, after a $1,626/mo payment, leaves $380/mo cash flow. Total monthly income is $2,366/mo, and annual cash flow is $4,560/yr on $110,157 cash. Return on cash invested measures 24.05% in year one, and rental yield stands at 8.54% at a $332,300 entry. Equity gained on principal adds $2,144/yr while 5% annual appreciation compounds into $91,808 by year five. Five-year ROI records 124.81% and total cumulative return in cash reaches $137,485. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,366/mo property income versus a $1,626/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24440, Greenville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 841 (78.7%) |
| Renter Occupied HU | 143 (13.4%) |
| Vacant Housing Units | 84 ( 7.9%) |
| Median Home Value | $346,618 |
| Average Home Value | $375,256 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
32
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Listed by: TARA WIDENER • KLINE & CO. REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #665471