404 Yates St, South Boston, VA, 24592 | $1,358/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

Rental property for sale in South Boston at 404 Yates St, South Boston, VA, 24592 generates $3,539/mo in rent and, after a $1,786/mo payment, leaves $1,358/mo in cash flow. Total monthly income is $3,539/mo, and annual cash flow is $16,291/yr on $120,998 invested. Return on cash invested sits at 33.37% in year one, and rental yield is 11.64% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 174.77% and total cumulative return in cash sums $211,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,539/mo property income rather than buyer’s personal income.

Single Family

Built in 1970

0.80 Acres lot

$N/A/sqft

No HOA