141 Shields RdAxtonVA24054
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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
Investment Highlights
Rental property for sale in Axton at 141 Shields Rd, Axton, VA, 24054 generates $1,842/mo in rent and, after a $1,321/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,842/mo, and annual cash flow is $2,743/yr on $89,472 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 8.19% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 119.01% and total cumulative return in cash sums $106,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,842/mo property income rather than buyer’s personal income.
Manufactured
Built in 2018
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24054, Axton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,001 (100%) |
| Owner Occupied HU | 2,057 (68.5%) |
| Renter Occupied HU | 540 (18.0%) |
| Vacant Housing Units | 404 (13.5%) |
| Median Home Value | $157,021 |
| Average Home Value | $175,602 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,668
Multi-Family
0
Businesses
95
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Listed by: Julie Hughes • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #71088
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