410 2nd StBlackstoneVA23824
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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 Blackstone at 410 2nd St, Blackstone, VA, 23824 uses $64,609 cash to close to unlock $5,374/yr annual cash flow and $448/mo monthly cash flow. Total monthly income runs $1,613/mo, and a $954/mo payment keeps the spread at $448/mo. Purchase price stands at $194,900, and rental yield measures 9.93% with $1,613/mo rent. Return on cash invested shows 28.23% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 147.16% and total cumulative return in cash records $95,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,613/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1950
9,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23824, Blackstone, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,463 (100%) |
| Owner Occupied HU | 1,865 (53.9%) |
| Renter Occupied HU | 1,090 (31.5%) |
| Vacant Housing Units | 508 (14.7%) |
| Median Home Value | $232,825 |
| Average Home Value | $257,335 |
Housing Distribution
Address Breakdown
Residential
3,189
Single Family
3,122
Multi-Family
67
Businesses
325
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