2798 W River RdScottsvilleVA24590
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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
Investment property for sale in Scottsville at 2798 W River Rd, Scottsville, VA, 24590 uses $139,197 cash to close to unlock $397/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $2,543/mo, and a $2,055/mo payment keeps the spread at $33/mo. Purchase price stands at $419,900, and rental yield measures 7.27% with $2,543/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 104.11% and total cumulative return in cash records $144,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,543/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1972
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24590, Scottsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,739 (100%) |
| Owner Occupied HU | 2,733 (73.1%) |
| Renter Occupied HU | 612 (16.4%) |
| Vacant Housing Units | 394 (10.5%) |
| Median Home Value | $333,301 |
| Average Home Value | $423,589 |
Housing Distribution
Address Breakdown
Residential
3,256
Single Family
3,256
Multi-Family
0
Businesses
187
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Listed by: Lisa Rogers • SPRING CREEK REALTY
Mls Name: CAAR
Mls Provider:
Mls ID: #657195
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.