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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% |
Total monthly income runs $1,987/mo, and a $1,762/mo payment. Purchase price stands at $359,900, and rental yield measures 6.63% with $1,987/mo rent. Return on cash invested shows 18.25% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 93.71% and total cumulative return in cash records $111,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,987/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7.78 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24538, Concord, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,694 (78.5%) |
| Renter Occupied HU | 292 (13.5%) |
| Vacant Housing Units | 171 ( 7.9%) |
| Median Home Value | $245,186 |
| Average Home Value | $276,281 |
Residential
1,929
Single Family
1,929
Multi-Family
0
Businesses
119
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joshua David Redmond • Mark A. Dalton & Co., Inc.
Mls Name: LMLS
Mls ID: #360684
