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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Dillwyn at 1367 S Constitution Rte, Dillwyn, VA, 23936 priced at $299,400 converts $2,043/mo rent into $254/mo cash flow after a $1,465/mo obligation. Total monthly income equals $2,043/mo, and annual cash flow totals $3,044/yr on $99,251 invested. Return on cash invested prints 22.98% in year one, and rental yield reads 8.19% against a $299,400 entry. Equity gained on principal adds $1,932/yr, while 5% annual appreciation compiles into $82,719 by year five. Five-year ROI reaches 119.02% and total cumulative return in cash sums $118,131. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,043/mo property income covering a $1,465/mo payment, not borrower’s personal income.
Single Family
Built in 1938
18.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23936, Dillwyn, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,620 (62.8%) |
| Renter Occupied HU | 559 (21.7%) |
| Vacant Housing Units | 399 (15.5%) |
| Median Home Value | $239,356 |
| Average Home Value | $271,000 |
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
169
Date | Event | Price |
|---|---|---|
| 2024-11-05 | Listed for sale | $299,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $809.05 | 5.77% | $147,100 | N/A |
| 2022-11-13 | $764.92 | N/A | $147,100 | N/A |
| 2021-11-13 | $764.92 | -5.52% | $147,100 | -0.07% |
Listed by: Patrick Burns • RE/MAX Realty Specialists
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2428958
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
