








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Penhook at 20083 Snow Creek Rd, Penhook, VA, 24137 listed at $285,000 pairs $1,505/mo rent with a $1,395/mo payment. Total monthly income runs $1,505/mo. Return on cash invested measures 17.38% in year one, and rental yield registers 6.34% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 89.07% and total cumulative return in cash totals $84,150. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,505/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24137, Penhook, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,144 (100%) |
| Owner Occupied HU | 978 (45.6%) |
| Renter Occupied HU | 153 ( 7.1%) |
| Vacant Housing Units | 1,013 (47.2%) |
| Median Home Value | $324,242 |
| Average Home Value | $469,836 |
Residential
1,482
Single Family
1,482
Multi-Family
0
Businesses
46
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $936.98 | 17.25% | $217,900 | 66.34% |
| 2023-06-01 | $799.10 | N/A | $131,000 | N/A |
| 2022-06-01 | $799.10 | N/A | $131,000 | N/A |



Listed by: Peter John Roberts • BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Mls Name: RVAR
Mls Provider:
Mls ID: #917778
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