1920 Daniels Creek RdCollinsvilleVA24078
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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
Rental property for sale in Collinsville at 1920 Daniels Creek Rd, Collinsville, VA, 24078 generates $797/mo in rent and, after a $514/mo payment, leaves $169/mo in cash flow. Total monthly income is $797/mo, and annual cash flow is $2,031/yr on $34,808 invested. Return on cash invested sits at 25.74% in year one, and rental yield is 9.11% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 134.01% and total cumulative return in cash sums $46,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $797/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24078, Collinsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,549 (100%) |
| Owner Occupied HU | 1,893 (53.3%) |
| Renter Occupied HU | 1,234 (34.8%) |
| Vacant Housing Units | 422 (11.9%) |
| Median Home Value | $137,580 |
| Average Home Value | $165,283 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
3,088
Multi-Family
94
Businesses
289
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Listed by: TAYLOR YVONNE JOHNSON • MAC WESTLAND REAL ESTATE GROUP
Mls Name: RVAR
Mls ID: #923181