1308 Friend Ave, South Boston, VA, 24592 | $624/mo Cash Flow

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 South Boston at 1308 Friend Ave, South Boston, VA, 24592 at $399,900 posts ROI 25.56% with $624/mo cash flow from $3,014/mo rent. Total monthly income equals $3,014/mo, and annual cash flow records $7,485/yr on $132,567 to close. Return on cash invested measures 25.56% and rental yield reads 9.04% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 132.84% and total cumulative return in cash totals $176,108.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,014/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1967

0.51 Acres lot

$N/A/sqft

No HOA