1704 Balls Chapel RdRose HillVA24281
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 Rose Hill at 1704 Balls Chapel Rd, Rose Hill, VA, 24281 generates $2,305/mo in rent, after a $2,183/mo payment. Total monthly income is $2,305/mo. Return on cash invested sits at 16.98% in year one, and rental yield is 6.2% on a $446,000 entry. Equity gained on principal adds $2,878/yr, while 5% annual appreciation builds toward $123,222 over five years. Five-year ROI reaches 86.84% and total cumulative return in cash sums $128,398. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,305/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24281, Rose Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,215 (100%) |
| Owner Occupied HU | 747 (61.5%) |
| Renter Occupied HU | 255 (21.0%) |
| Vacant Housing Units | 213 (17.5%) |
| Median Home Value | $156,402 |
| Average Home Value | $220,790 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices