1849 Old Harlan RdJonesvilleVA24263
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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
Investment property for sale in Jonesville at 1849 Old Harlan Rd, Jonesville, VA, 24263 uses $62,654 cash to close to unlock $6,447/yr annual cash flow and $537/mo monthly cash flow. Total monthly income runs $1,667/mo, and a $925/mo payment keeps the spread at $537/mo. Purchase price stands at $189,000, and rental yield measures 10.58% with $1,667/mo rent. Return on cash invested shows 30.2% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 157.8% and total cumulative return in cash records $98,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1977
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24263, Jonesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,958 (100%) |
| Owner Occupied HU | 1,791 (60.5%) |
| Renter Occupied HU | 671 (22.7%) |
| Vacant Housing Units | 496 (16.8%) |
| Median Home Value | $116,447 |
| Average Home Value | $159,269 |
Housing Distribution
Address Breakdown
Residential
2,456
Single Family
2,456
Multi-Family
0
Businesses
179
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Listed by: N/A • N/A
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