150 Providence LnUnion HallVA24176
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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 Union Hall at 150 Providence Ln, Union Hall, VA, 24176 generates $4,535/mo in rent, after a $7,848/mo payment. Total monthly income is $4,535/mo. Return on cash invested sits at 8.71% in year one, and rental yield is 3.39% on a $1,603,500 entry. Equity gained on principal adds $10,347/yr, while 5% annual appreciation builds toward $443,017 over five years. Five-year ROI reaches 42.38% and total cumulative return in cash sums $220,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24176, Union Hall, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 616 (47.7%) |
| Renter Occupied HU | 86 ( 6.7%) |
| Vacant Housing Units | 589 (45.6%) |
| Median Home Value | $645,833 |
| Average Home Value | $696,855 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
1,009
Multi-Family
0
Businesses
37
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #918864