148 Reeves Mill RdSutherlinVA24594
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 Sutherlin at 148 Reeves Mill Rd, Sutherlin, VA, 24594 generates $2,027/mo in rent, after a $1,852/mo payment. Total monthly income is $2,027/mo. Return on cash invested sits at 17.66% in year one, and rental yield is 6.43% on a $378,300 entry. Equity gained on principal adds $2,441/yr, while 5% annual appreciation builds toward $104,517 over five years. Five-year ROI reaches 90.54% and total cumulative return in cash sums $113,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,027/mo property income rather than buyer’s personal income.
Single Family
Built in 1850
20.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24594, Sutherlin, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 473 (65.2%) |
| Renter Occupied HU | 115 (15.9%) |
| Vacant Housing Units | 137 (18.9%) |
| Median Home Value | $158,396 |
| Average Home Value | $190,005 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
751
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices