302 Monroe StSouth BostonVA24592








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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 South Boston at 302 Monroe St, South Boston, VA, 24592 at $419,900 posts ROI 28.37% with $981/mo cash flow from $3,491/mo rent. Total monthly income equals $3,491/mo, and annual cash flow records $11,773/yr on $139,197 to close. Return on cash invested measures 28.37% and rental yield reads 9.98% at the current $419,900. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 by year five. Five-year ROI prints 147.95% and total cumulative return in cash totals $205,944.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,491/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Cathy Carter • Long and Foster - South Boston
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71613








