2387 New Bethel Rd, Meherrin, VA, 23954 | 5.93% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Meherrin at 2387 New Bethel Rd, Meherrin, VA, 23954 earns from $1,766/mo rent with a $1,750/mo payment. Total monthly income totals $1,766/mo. ROI tracks 16.15% on current figures, and rental yield reads 5.93% at a $357,500 purchase. Equity gained on principal adds $2,307/yr, and 5% annual appreciation supports $98,771 over five years. Five-year ROI reaches 82.42% and total cumulative return in cash sums $97,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,766/mo property income instead of your personal income.

Single Family

Built in N/A

7.33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23954, Meherrin, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,129 (100%)
Owner Occupied HU	750 (66.4%)
Renter Occupied HU	177 (15.7%)
Vacant Housing Units	202 (17.9%)
Median Home Value	$171,505
Average Home Value	$274,633