147 3rd StJonesvilleVA24263
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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 Jonesville at 147 3rd St, Jonesville, VA, 24263 generates $1,112/mo in rent and, after a $714/mo payment, leaves $240/mo in cash flow. Total monthly income is $1,112/mo, and annual cash flow is $2,879/yr on $48,366 invested. Return on cash invested sits at 25.86% in year one, and rental yield is 9.15% on a $145,900 entry. Equity gained on principal adds $941/yr, while 5% annual appreciation builds toward $40,309 over five years. Five-year ROI reaches 134.48% and total cumulative return in cash sums $65,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,112/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24263, Jonesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,958 (100%) |
| Owner Occupied HU | 1,791 (60.5%) |
| Renter Occupied HU | 671 (22.7%) |
| Vacant Housing Units | 496 (16.8%) |
| Median Home Value | $116,447 |
| Average Home Value | $159,269 |
Housing Distribution
Address Breakdown
Residential
2,456
Single Family
2,456
Multi-Family
0
Businesses
179
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Listed by: Linda Wampler • Lonesome Pine Realty
Mls Name: TVRMLS
Mls ID: #9989896