320 Chambers StPounding MillVA24637
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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
Rental property for sale in Pounding Mill at 320 Chambers St, Pounding Mill, VA, 24637 priced at $449,900 pairs $0/mo rent with after a $2,202/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.73% in year one, and rental yield stands at 0% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
4.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24637, Pounding Mill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,557 (100%) |
| Owner Occupied HU | 1,215 (78.0%) |
| Renter Occupied HU | 217 (13.9%) |
| Vacant Housing Units | 125 ( 8.0%) |
| Median Home Value | $155,676 |
| Average Home Value | $180,856 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,193
Multi-Family
0
Businesses
143
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Deborah Hess • Fortune Realty of Richlands
Mls Name: SWVAR
Mls ID: #104358