272 Wood LnHillsvilleVA24343
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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 Hillsville at 272 Wood Ln, Hillsville, VA, 24343 priced at $254,500 pairs $1,811/mo rent with $289/mo cash flow after a $1,246/mo payment. Total monthly income equals $1,811/mo, and annual cash flow comes to $3,471/yr on $84,367 invested. Return on cash invested is 24.02% in year one, and rental yield stands at 8.54% on a $254,500 basis. Equity gained on principal adds $1,642/yr, and 5% annual appreciation accumulates to $70,314 by year five. Five-year ROI measures 124.66% and total cumulative return in cash reaches $105,175. For financing, Ziffy Mortgage’s DSCR program evaluates $1,811/mo property income against a $1,246/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24343, Hillsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 2,945 (58.6%) |
| Renter Occupied HU | 978 (19.5%) |
| Vacant Housing Units | 1,103 (21.9%) |
| Median Home Value | $159,099 |
| Average Home Value | $200,289 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,786
Multi-Family
96
Businesses
370
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Listed by: Ashley Primm • Primm Real Estate Firm, LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #97330
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.