2287 Johnson Creek RdEvingtonVA24550
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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
Investment property for sale in Evington at 2287 Johnson Creek Rd, Evington, VA, 24550 offers a 4.6% rental yield on a $720,000 purchase with $2,760/mo rent. 24% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,923 over five years. Portfolio math shows five-year ROI at 61.39% and total cumulative return in cash at $145,423. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
34.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24550, Evington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,543 (75.5%) |
| Renter Occupied HU | 556 (16.5%) |
| Vacant Housing Units | 267 ( 7.9%) |
| Median Home Value | $310,759 |
| Average Home Value | $328,621 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,193
Multi-Family
0
Businesses
85
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