2851 Cold Springs RdGreenvilleVA24440
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
Rental property for sale in Greenville at 2851 Cold Springs Rd, Greenville, VA, 24440 priced at $330,000 pairs $3,131/mo rent with $1,159/mo cash flow after a $1,615/mo payment. Total monthly income equals $3,131/mo, and annual cash flow comes to $13,902/yr on $109,395 invested. Return on cash invested is 32.62% in year one, and rental yield stands at 11.39% on a $330,000 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 170.73% and total cumulative return in cash reaches $186,767. For financing, Ziffy Mortgage’s DSCR program evaluates $3,131/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24440, Greenville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 841 (78.7%) |
| Renter Occupied HU | 143 (13.4%) |
| Vacant Housing Units | 84 ( 7.9%) |
| Median Home Value | $346,618 |
| Average Home Value | $375,256 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JESSICA SAMPLE • EXP REALTY LLC - FREDERICKSBURG
Mls Name: CAAR
Mls Provider:
Mls ID: #664268