201 Enterprise StPounding MillVA24637
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
Investment property for sale in Pounding Mill at 201 Enterprise St, Pounding Mill, VA, 24637 offers a 10.49% rental yield on a $265,000 purchase with $2,316/mo rent. Total monthly income registers $2,316/mo, and a $1,297/mo payment leaves $732/mo available for distribution. Annual cash flow reaches $8,783/yr on $87,848 to close, and return on cash invested stands at 29.91% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 156.18% and total cumulative return in cash at $137,199. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,316/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24637, Pounding Mill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,557 (100%) |
| Owner Occupied HU | 1,215 (78.0%) |
| Renter Occupied HU | 217 (13.9%) |
| Vacant Housing Units | 125 ( 8.0%) |
| Median Home Value | $155,676 |
| Average Home Value | $180,856 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,193
Multi-Family
0
Businesses
143
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Listed by: David Vance • Kate Real Estate
Mls Name: SWVAR
Mls ID: #104056