30 Hemlock LnHot SpringsVA24445
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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 Hot Springs at 30 Hemlock Ln, Hot Springs, VA, 24445 listed at $930,000 pairs $6,234/mo rent with a $4,552/mo payment to leave $675/mo cash flow. Total monthly income runs $6,234/mo, and annual cash flow reaches $8,094/yr on $305,970 cash to close. Return on cash invested measures 22.71% in year one, and rental yield registers 8.04% at a $930,000 basis. Equity gained on principal adds $6,001/yr, and annual property appreciation at 5% supports $256,942 by year five. Five-year ROI tracks 117.53% and total cumulative return in cash totals $359,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,234/mo property income relative to a $4,552/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1892
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24445, Hot Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,599 (100%) |
| Owner Occupied HU | 793 (49.6%) |
| Renter Occupied HU | 225 (14.1%) |
| Vacant Housing Units | 581 (36.3%) |
| Median Home Value | $219,536 |
| Average Home Value | $234,165 |
Housing Distribution
Address Breakdown
Residential
953
Single Family
905
Multi-Family
48
Businesses
96
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Listed by: Ryan Hodges • CLARKSON & WALLACE REAL ESTATE - WARM SPRINGS
Mls Name: GASAOR
Mls Provider:
Mls ID: #657302
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.