1308 Bunny Ln, Thaxton, VA, 24174 | $457/mo Cash Flow

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1308 Bunny Ln, Thaxton, VA, 24174 | $457/mo Cash Flow | Ziffy

For Sale

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 Thaxton at 1308 Bunny Ln, Thaxton, VA, 24174 earns $457/mo cash flow from $2,250/mo rent with a $1,468/mo payment. Total monthly income totals $2,250/mo, and annual cash flow totals $5,485/yr on $99,417 capital. ROI tracks 25.43% on current figures, and rental yield reads 9% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 132.2% and total cumulative return in cash sums $131,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,250/mo property income instead of your personal income.

Manufactured

Built in 1993

6.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Private 6.48 acres consisting of 2 lots. Updated 3Br 2 bath manufactured home with sunroom addition. Plenty of room for family and animals. Double detached carport and Double detached garage w/ electric car charging station. Old barn and a hookup for mobile home that generates income. No Restrictions. Land lays well, new heat pump in 2023, recent paint and updated flooring. The well is shared between 1308 and 1310 Bunny Lane- both parcels included at this price.