3058 Bear Creek RdRustburgVA24588
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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 Rustburg at 3058 Bear Creek Rd, Rustburg, VA, 24588 uses $66,300 cash to close to unlock $5,944/yr annual cash flow and $495/mo monthly cash flow. Total monthly income runs $1,691/mo, and a $979/mo payment keeps the spread at $495/mo. Purchase price stands at $200,000, and rental yield measures 10.15% with $1,691/mo rent. Return on cash invested shows 28.87% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 150.67% and total cumulative return in cash records $99,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,025 (100%) |
| Owner Occupied HU | 2,961 (73.6%) |
| Renter Occupied HU | 721 (17.9%) |
| Vacant Housing Units | 343 ( 8.5%) |
| Median Home Value | $254,650 |
| Average Home Value | $251,510 |
Housing Distribution
Address Breakdown
Residential
3,969
Single Family
3,969
Multi-Family
0
Businesses
252
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Listed by: Tiffany Wright • Divine Fog Realty Company LLC
Mls Name: LMLS
Mls Provider:
Mls ID: #362302
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.