259 Huffman Hill RdMillboroVA24460
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Nearby investment properties with comparable prices
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 Millboro at 259 Huffman Hill Rd, Millboro, VA, 24460 with 5% annual appreciation on a $180,000 basis while $1,330/mo rent supports operations. Total monthly income totals $1,330/mo and a $881/mo payment preserves $254/mo for cash returns. Annual cash flow comes to $3,048/yr on $59,670 deployed, and return on cash invested reaches 25.02% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 8.87%. Five-year ROI measures 129.96% and total cumulative return in cash totals $77,549.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,330/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24460, Millboro, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 518 (45.7%) |
| Renter Occupied HU | 114 (10.1%) |
| Vacant Housing Units | 501 (44.2%) |
| Median Home Value | $316,374 |
| Average Home Value | $356,245 |
Housing Distribution
Address Breakdown
Residential
724
Single Family
724
Multi-Family
0
Businesses
37
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Listed by: David B. Stull • Sterling Prop & Management LLC
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #139189
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