4231 Mountain RdHalifaxVA24558
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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 Halifax at 4231 Mountain Rd, Halifax, VA, 24558 priced at $229,000 converts $1,884/mo rent into $515/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,884/mo, and annual cash flow totals $6,179/yr on $75,914 invested. Return on cash invested prints 28.05% in year one, and rental yield reads 9.87% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 146.21% and total cumulative return in cash sums $110,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,884/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1972
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24558, Halifax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,380 (100%) |
| Owner Occupied HU | 2,192 (64.9%) |
| Renter Occupied HU | 731 (21.6%) |
| Vacant Housing Units | 457 (13.5%) |
| Median Home Value | $165,402 |
| Average Home Value | $221,179 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,567
Multi-Family
28
Businesses
205
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