2359 Lee HwyMount SidneyVA24467
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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 Mount Sidney at 2359 Lee Hwy, Mount Sidney, VA, 24467 uses $53,968 cash to close to unlock $3,200/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,240/mo, and a $797/mo payment keeps the spread at $267/mo. Purchase price stands at $162,800, and rental yield measures 9.14% with $1,240/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $44,979 over five years. Five-year ROI reaches 134.38% and total cumulative return in cash records $72,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,240/mo property income covering a $797/mo payment rather than investor’s personal income.
Single Family
Built in 1929
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24467, Mount Sidney, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 904 (100%) |
| Owner Occupied HU | 715 (79.1%) |
| Renter Occupied HU | 136 (15.0%) |
| Vacant Housing Units | 53 ( 5.9%) |
| Median Home Value | $362,248 |
| Average Home Value | $388,955 |
Housing Distribution
Address Breakdown
Residential
839
Single Family
839
Multi-Family
0
Businesses
28
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Listed by: Kervin Yoder • Enlisted Auctions
Mls Name: My State MLS
Mls ID: #11541585