2705 Skyline RdSouth HillVA23970
Nearby investment properties with comparable rents
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 South Hill at 2705 Skyline Rd, South Hill, VA, 23970 listed at $749,500 pairs $4,093/mo rent with a $3,668/mo payment. Total monthly income runs $4,093/mo. Return on cash invested measures 18.18% in year one, and rental yield registers 6.55% at a $749,500 basis. Equity gained on principal adds $4,836/yr, and annual property appreciation at 5% supports $207,073 by year five. Five-year ROI tracks 93.26% and total cumulative return in cash totals $229,961. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,093/mo property income relative to a $3,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
8.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23970, South Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,990 (100%) |
| Owner Occupied HU | 2,055 (51.5%) |
| Renter Occupied HU | 1,432 (35.9%) |
| Vacant Housing Units | 503 (12.6%) |
| Median Home Value | $195,337 |
| Average Home Value | $244,914 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,571
Multi-Family
178
Businesses
536
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Nearby investment properties with comparable prices
Listed by: Esther Lane • Exit Town & Lake Realty, Bracey
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #136878
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.