35 Paynes Landing RdScottsvilleVA24590
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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 Scottsville at 35 Paynes Landing Rd, Scottsville, VA, 24590 offers $2,176/mo rent that, after a $2,056/mo payment. Total monthly income is $2,176/mo. Return on cash invested measures 17.02% in year one, and rental yield stands at 6.22% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 87.07% and total cumulative return in cash reaches $121,231. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,176/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1856
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24590, Scottsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,739 (100%) |
| Owner Occupied HU | 2,733 (73.1%) |
| Renter Occupied HU | 612 (16.4%) |
| Vacant Housing Units | 394 (10.5%) |
| Median Home Value | $333,301 |
| Average Home Value | $423,589 |
Housing Distribution
Address Breakdown
Residential
3,256
Single Family
3,256
Multi-Family
0
Businesses
187
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Listed by: Bunny FRENCH • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls ID: #667737