2632 Town Fork RdEvingtonVA24550
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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
Rental property for sale in Evington at 2632 Town Fork Rd, Evington, VA, 24550 generates $1,865/mo in rent and, after a $1,272/mo payment, leaves $311/mo in cash flow. Total monthly income is $1,865/mo, and annual cash flow is $3,737/yr on $86,157 invested. Return on cash invested sits at 24.25% in year one, and rental yield is 8.61% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 125.85% and total cumulative return in cash sums $108,430. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,865/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24550, Evington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,543 (75.5%) |
| Renter Occupied HU | 556 (16.5%) |
| Vacant Housing Units | 267 ( 7.9%) |
| Median Home Value | $310,759 |
| Average Home Value | $328,621 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,193
Multi-Family
0
Businesses
85
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