30 Orchard StChase CityVA23924
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 Chase City at 30 Orchard St, Chase City, VA, 23924 offers $2,346/mo rent that, after a $636/mo payment, leaves $1,569/mo cash flow. Total monthly income is $2,346/mo, and annual cash flow is $18,830/yr on $43,095 cash. Return on cash invested measures 63.6% in year one, and rental yield stands at 21.66% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 336.96% and total cumulative return in cash reaches $145,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,346/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.34 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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Nearby investment properties with comparable prices
Listed by: Rose Finch • eXp Realty, LLC-(C)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139591
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.