280 Tinker RdChase CityVA23924
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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 Chase City at 280 Tinker Rd, Chase City, VA, 23924 listed at $149,900 pairs $1,188/mo rent with a $734/mo payment to leave $292/mo cash flow. Total monthly income runs $1,188/mo, and annual cash flow reaches $3,499/yr on $49,692 cash to close. Return on cash invested measures 26.95% in year one, and rental yield registers 9.51% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 140.37% and total cumulative return in cash totals $69,755. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,188/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23924, Chase City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,032 (100%) |
| Owner Occupied HU | 1,745 (57.6%) |
| Renter Occupied HU | 713 (23.5%) |
| Vacant Housing Units | 574 (18.9%) |
| Median Home Value | $143,473 |
| Average Home Value | $203,683 |
Housing Distribution
Address Breakdown
Residential
2,707
Single Family
2,630
Multi-Family
77
Businesses
218
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Listed by: Colby Bailey • Southern Pine Realty Solutions
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71201
Disclaimer: Copyright Southern Piedmont Land & Lake Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.