162 Sunset LnSouth HillVA23970
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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 162 Sunset Ln, South Hill, VA, 23970 priced at $240,000 pairs $2,191/mo rent with $756/mo cash flow after a $1,175/mo payment. Total monthly income equals $2,191/mo, and annual cash flow comes to $9,072/yr on $79,560 invested. Return on cash invested is 31.31% in year one, and rental yield stands at 10.96% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 163.7% and total cumulative return in cash reaches $130,238. For financing, Ziffy Mortgage’s DSCR program evaluates $2,191/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.60 Acres lot
$N/A/sqft
No 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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Listed by: Rebecca Bulluck • Exit Town & Lake Realty, South Hill
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139824