192 Sweden Fork Creek LnChathamVA24531
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 Chatham at 192 Sweden Fork Creek Ln, Chatham, VA, 24531 priced at $171,400 pairs $1,560/mo rent with $535/mo cash flow after a $839/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $6,424/yr on $56,819 invested. Return on cash invested is 31.21% in year one, and rental yield stands at 10.92% on a $171,400 basis. Equity gained on principal adds $1,106/yr, and 5% annual appreciation accumulates to $47,355 by year five. Five-year ROI measures 163.26% and total cumulative return in cash reaches $92,765. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $839/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24531, Chatham, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,034 (100%) |
| Owner Occupied HU | 2,489 (61.7%) |
| Renter Occupied HU | 827 (20.5%) |
| Vacant Housing Units | 718 (17.8%) |
| Median Home Value | $171,766 |
| Average Home Value | $204,057 |
Housing Distribution
Address Breakdown
Residential
3,424
Single Family
3,424
Multi-Family
0
Businesses
313
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Hughes • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74732
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.