324 Ocoonita RdJonesvilleVA24263
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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 Jonesville at 324 Ocoonita Rd, Jonesville, VA, 24263 earns $167/mo cash flow from $795/mo rent with a $514/mo payment. Total monthly income totals $795/mo, and annual cash flow totals $2,007/yr on $34,808 capital. ROI tracks 25.67% on current figures, and rental yield reads 9.09% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 133.6% and total cumulative return in cash sums $46,502. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $795/mo property income instead of your personal income.
Single Family
Built in 1980
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24263, Jonesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,958 (100%) |
| Owner Occupied HU | 1,791 (60.5%) |
| Renter Occupied HU | 671 (22.7%) |
| Vacant Housing Units | 496 (16.8%) |
| Median Home Value | $116,447 |
| Average Home Value | $159,269 |
Housing Distribution
Address Breakdown
Residential
2,456
Single Family
2,456
Multi-Family
0
Businesses
179
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Listed by: Michelle Childress • Appalachian Realty Executives, LLC
Mls Name: TVRMLS
Mls ID: #9989256