200 Jacksons Flt, Covington, VA, 24426 | 5.13% Rental Yield

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200 Jacksons Flt, Covington, VA, 24426 | 5.13% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Covington at 200 Jacksons Flt, Covington, VA, 24426 with 5% annual appreciation on a $434,900 basis while $1,858/mo rent supports operations. 73% in year one. Equity gained on principal adds $2,806/yr, and five-year appreciation sums $120,155 alongside rental yield of 5.13%. Five-year ROI measures 69.43% and total cumulative return in cash totals $100,097. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,858/mo property income versus a $2,129/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1992

12.94 Acres lot

$N/A/sqft

No HOA

More details about the property

Quiet country living, but less than 15 minutes from town. Cozy log cabin on 12.94 acres with 1,725 square feet and features open great room with stone hearth w/woodstove and bay window, dining area, kitchen with appliances & island, two bedrooms and bath on the 1st level. Upper level has a spacious loft that looks down into the great room. Sit out on the front or rear covered porches at the beautiful view, enclosed porch for extra storage. Also on the property is a 60' horse barn/stable with 3 stalls, tack room, grooming closet and 12 ft shelters on each side, salt block station, a 32' X 36' detached garage with additional room and 3rd garage door, well house, & another shed for storage. Beautiful fenced pasture for horses or any other animals you desire. Property is being sold as.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24426, Covington, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,226 (100%)
Owner Occupied HU	4,749 (65.7%)
Renter Occupied HU	1,407 (19.5%)
Vacant Housing Units	1,070 (14.8%)
Median Home Value	$121,270
Average Home Value	$161,865