414 Berry StChase CityVA23924
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chase City at 414 Berry St, Chase City, VA, 23924 priced at $110,000 pairs $853/mo rent with $196/mo cash flow after a $538/mo payment. Total monthly income equals $853/mo, and annual cash flow comes to $2,350/yr on $36,465 invested. Return on cash invested is 26.35% in year one, and rental yield stands at 9.31% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 137.16% and total cumulative return in cash reaches $50,016. For financing, Ziffy Mortgage’s DSCR program evaluates $853/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23924, Chase City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,032 (100%) |
| Owner Occupied HU | 1,745 (57.6%) |
| Renter Occupied HU | 713 (23.5%) |
| Vacant Housing Units | 574 (18.9%) |
| Median Home Value | $143,473 |
| Average Home Value | $203,683 |
Housing Distribution
Address Breakdown
Residential
2,707
Single Family
2,630
Multi-Family
77
Businesses
218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Smith • Exit Town & Lake Realty, South Hill
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139195
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.