2875 Sylvatus Smith RdHillsvilleVA24343
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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 Hillsville at 2875 Sylvatus Smith Rd, Hillsville, VA, 24343 listed at $379,000 pairs $1,777/mo rent with a $1,855/mo payment. Total monthly income runs $1,777/mo. Return on cash invested measures 15.24% in year one, and rental yield registers 5.63% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 77.55% and total cumulative return in cash totals $97,439. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,777/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
25.02 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: Joseph Dixon • Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv
Mls Name: New River Valley AOR
Mls ID: #423632