209 Oak Hill RdProspectVA23960
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
Rental property for sale in Prospect at 209 Oak Hill Rd, Prospect, VA, 23960 priced at $199,900 pairs $1,753/mo rent with $558/mo cash flow after a $978/mo payment. Total monthly income equals $1,753/mo, and annual cash flow comes to $6,701/yr on $66,267 invested. Return on cash invested is 30.02% in year one, and rental yield stands at 10.52% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 156.84% and total cumulative return in cash reaches $103,933. For financing, Ziffy Mortgage’s DSCR program evaluates $1,753/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23960, Prospect, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 819 (100%) |
| Owner Occupied HU | 506 (61.8%) |
| Renter Occupied HU | 170 (20.8%) |
| Vacant Housing Units | 143 (17.5%) |
| Median Home Value | $195,161 |
| Average Home Value | $214,135 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
773
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dempsey Jones • RE/MAX Advantage Plus
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2517832
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.