190 Hotchkiss RdChurchvilleVA24421
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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 Churchville at 190 Hotchkiss Rd, Churchville, VA, 24421 with 5% annual appreciation on a $362,000 basis while $2,328/mo rent supports operations. Total monthly income totals $2,328/mo and a $1,772/mo payment preserves $164/mo for cash returns. Annual cash flow comes to $1,966/yr on $120,003 deployed, and return on cash invested reaches 21.55% in year one. Equity gained on principal adds $2,336/yr, and five-year appreciation sums $100,014 alongside rental yield of 7.72%. Five-year ROI measures 111.34% and total cumulative return in cash totals $133,609.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,328/mo property income versus a $1,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24421, Churchville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,204 (81.3%) |
| Renter Occupied HU | 156 (10.5%) |
| Vacant Housing Units | 121 ( 8.2%) |
| Median Home Value | $398,976 |
| Average Home Value | $470,073 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
60
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Listed by: HEATHER BROGDEN • KLINE & CO. REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #664343