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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 Spout Spring at 1389 Hummingbird Ln, Spout Spring, VA, 24593 priced at $329,900 pairs $2,465/mo rent with $493/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,465/mo, and annual cash flow comes to $5,911/yr on $109,362 invested. Return on cash invested is 25.31% in year one, and rental yield stands at 8.97% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 131.57% and total cumulative return in cash reaches $143,883. For financing, Ziffy Mortgage’s DSCR program evaluates $2,465/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24593, Spout Spring, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 812 (77.3%) |
| Renter Occupied HU | 130 (12.4%) |
| Vacant Housing Units | 108 (10.3%) |
| Median Home Value | $257,396 |
| Average Home Value | $326,321 |
Residential
874
Single Family
874
Multi-Family
0
Businesses
30
Date | Event | Price |
|---|---|---|
| 2025-07-28 | Sold | $329,900 |
| 2025-06-26 | Pending sale | $319,900 |
| 2025-05-19 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $1207.71 | N/A | $191,700 | N/A |
| 2023-10-09 | $1207.71 | N/A | $191,700 | N/A |
| 2022-10-09 | $1207.71 | N/A | $191,700 | N/A |
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Listed by: David Kelly Johnson • Karl Miller Realty LLC
Mls Name: LMLS
Mls Provider:
Mls ID: #358995
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.
