1329 Hodges St, South Boston, VA, 24592 | $1,061/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

Rental property for sale in South Boston at 1329 Hodges St, South Boston, VA, 24592 generates $2,779/mo in rent and, after a $1,407/mo payment, leaves $1,061/mo in cash flow. Total monthly income is $2,779/mo, and annual cash flow is $12,726/yr on $95,306 invested. Return on cash invested sits at 33.26% in year one, and rental yield is 11.6% on a $287,500 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 174.18% and total cumulative return in cash sums $166,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,779/mo property income rather than buyer’s personal income.

Single Family

Built in 1949

0.51 Acres lot

$N/A/sqft

No HOA