148 Glenwood CirSouth HillVA23970




Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 South Hill at 148 Glenwood Cir, South Hill, VA, 23970 generates $2,040/mo in rent and, after a $1,309/mo payment, leaves $191/mo in cash flow. Total monthly income is $2,040/mo, and annual cash flow is $2,295/yr on $88,676 invested. Return on cash invested sits at 22.5% in year one, and rental yield is 9.15% on a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 117.7% and total cumulative return in cash sums $104,372. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Condo
Built in 2003
3,920 sqft lot
$N/A/sqft
$3,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23970, South Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,990 (100%) |
| Owner Occupied HU | 2,055 (51.5%) |
| Renter Occupied HU | 1,432 (35.9%) |
| Vacant Housing Units | 503 (12.6%) |
| Median Home Value | $195,337 |
| Average Home Value | $244,914 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,571
Multi-Family
178
Businesses
536
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Nearby investment properties with comparable prices



Listed by: Non Member Non Member • Non-Member
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71438
Disclaimer: Copyright Southern Piedmont Land & Lake Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.








