2144 Plank Rd, South Hill, VA, 23970 | $367/mo Cash Flow

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

Rental property for sale in South Hill at 2144 Plank Rd, South Hill, VA, 23970 offers $2,100/mo rent that, after a $1,419/mo payment, leaves $367/mo cash flow. Total monthly income is $2,100/mo, and annual cash flow is $4,403/yr on $96,102 cash. Return on cash invested measures 24.49% in year one, and rental yield stands at 8.69% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 127.14% and total cumulative return in cash reaches $122,181. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

1.97 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23970, South Hill, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,990 (100%)
Owner Occupied HU	2,055 (51.5%)
Renter Occupied HU	1,432 (35.9%)
Vacant Housing Units	503 (12.6%)
Median Home Value	$195,337
Average Home Value	$244,914