201 Rison StChathamVA24531
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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 Chatham at 201 Rison St, Chatham, VA, 24531 generates $1,560/mo in rent and, after a $856/mo payment, leaves $515/mo in cash flow. Total monthly income is $1,560/mo, and annual cash flow is $6,174/yr on $57,979 invested. Return on cash invested sits at 30.56% in year one, and rental yield is 10.7% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 159.72% and total cumulative return in cash sums $92,604. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.30 Acres 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
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Listed by: Alisa Davis • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74141
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.