4198 Goodes Ferry RdSouth HillVA23970
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
Investment property for sale in South Hill at 4198 Goodes Ferry Rd, South Hill, VA, 23970 listed at $499,000 pairs $2,616/mo rent with a $2,442/mo payment. Total monthly income runs $2,616/mo. Return on cash invested measures 17.25% in year one, and rental yield registers 6.29% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 88.31% and total cumulative return in cash totals $146,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,616/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
2.01 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 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,571
Multi-Family
178
Businesses
536
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Nearby investment properties with comparable prices
Listed by: Kim Cross, ABR, GRI • eXp Realty, LLC-(NN)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #140265