Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Phenix at 3405 Red House Rd, Phenix, VA, 23959 at $399,900 posts ROI 12.67% with from $1,590/mo rent. Total monthly income equals $1,590/mo. Return on cash invested measures 12.67% and rental yield reads 4.77% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 63.72% and total cumulative return in cash totals $84,476. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,590/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
16.07 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23959, Phenix, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 582 (100%) |
| Owner Occupied HU | 388 (66.7%) |
| Renter Occupied HU | 90 (15.5%) |
| Vacant Housing Units | 104 (17.9%) |
| Median Home Value | $151,429 |
| Average Home Value | $209,427 |
Residential
514
Single Family
514
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $399,900 |
| 2024-10-21 | Sold | $225,000 |
| 2024-09-07 | Pending sale | $216,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-13 | $837.68 | 5.26% | $135,111 | N/A |
| 2022-03-13 | $795.80 | -5.00% | $135,111 | N/A |
| 2021-03-13 | $837.68 | N/A | $135,111 | N/A |
What's Special
None
Listed by: Ryan Collins • Keller Williams
Mls Name: LMLS
Mls Provider:
Mls ID: #357710
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.
