2942 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
Investment property for sale in Greenville at 2942 Cold Springs Rd, Greenville, VA, 24440 at $275,000 posts ROI 20.48% with $43/mo cash flow from $1,687/mo rent. Total monthly income equals $1,687/mo, and annual cash flow records $517/yr on $91,163 to close. Return on cash invested measures 20.48% and rental yield reads 7.36% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 105.65% and total cumulative return in cash totals $96,311.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,687/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
2.10 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
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Nearby investment properties with comparable prices
Listed by: Billie Jo Smiley • OLD DOMINION REALTY INC - AUGUSTA
Mls Name: GASAOR
Mls Provider:
Mls ID: #658512
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.