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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sutherlin at 2203 Goodes Rd, Sutherlin, VA, 24594 priced at $175,900 converts $0/mo rent into after a $861/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.73% in year one, and rental yield reads 0% against a $175,900 entry. Equity gained on principal adds $1,135/yr, while 5% annual appreciation compiles into $48,598 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $861/mo payment, not borrower’s personal income.
Single Family
Built in 1965
9.09 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24594, Sutherlin, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 473 (65.2%) |
| Renter Occupied HU | 115 (15.9%) |
| Vacant Housing Units | 137 (18.9%) |
| Median Home Value | $158,396 |
| Average Home Value | $190,005 |
Residential
751
Single Family
751
Multi-Family
0
Businesses
26
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $175,900 |
| 2023-09-27 | Sold | $36,745 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $377.74 | 11.49% | $75,548 | 11.49% |
| 2023-04-24 | $338.82 | N/A | $67,763 | N/A |
| 2022-04-24 | $338.82 | N/A | $67,763 | N/A |
No similar rental properties found nearby.
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Listed by: Dana Nelson • ELIZABETH WARE REALTORS
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74174
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