3515 Plank Rd, South Hill, VA, 23970 | $391/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in South Hill at 3515 Plank Rd, South Hill, VA, 23970 with 5% annual appreciation on a $272,000 basis while $2,017/mo rent supports operations. Total monthly income totals $2,017/mo and a $1,331/mo payment preserves $391/mo for cash returns. Annual cash flow comes to $4,696/yr on $90,168 deployed, and return on cash invested reaches 25.12% in year one. Equity gained on principal adds $1,755/yr, and five-year appreciation sums $75,149 alongside rental yield of 8.9%. Five-year ROI measures 130.54% and total cumulative return in cash totals $117,701.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,017/mo property income versus a $1,331/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2006

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23970, South Hill, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,990 (100%)
Owner Occupied HU	2,055 (51.5%)
Renter Occupied HU	1,432 (35.9%)
Vacant Housing Units	503 (12.6%)
Median Home Value	$195,337
Average Home Value	$244,914