2487 Cifax Rd,Goode,VA,24556

Investment Highlights

Investment property for sale in Goode at 2487 Cifax Rd, Goode, VA, 24556 listed at $428,000 pairs $2,950/mo rent with a $2,095/mo payment to leave $391/mo cash flow. Total monthly income runs $2,950/mo, and annual cash flow reaches $4,696/yr on $141,882 cash to close. Return on cash invested measures 23.22% in year one, and rental yield registers 8.27% at a $428,000 basis. Equity gained on principal adds $2,762/yr, and annual property appreciation at 5% supports $118,249 by year five. Five-year ROI tracks 120.33% and total cumulative return in cash totals $170,723. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,950/mo property income relative to a $2,095/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).