2172 Plank RdSouth HillVA23970
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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 South Hill at 2172 Plank Rd, South Hill, VA, 23970 earns $343/mo cash flow from $2,100/mo rent with a $1,439/mo payment. Total monthly income totals $2,100/mo, and annual cash flow totals $4,110/yr on $97,461 capital. ROI tracks 24.13% on current figures, and rental yield reads 8.57% at a $294,000 purchase. Equity gained on principal adds $1,897/yr, and 5% annual appreciation supports $81,227 over five years. Five-year ROI reaches 125.21% and total cumulative return in cash sums $122,028. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 2024
2.36 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 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,571
Multi-Family
178
Businesses
536
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Nearby investment properties with comparable prices
Listed by: Alyssa Harper-Hayes • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #138539
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.