426 Virginia AveChase CityVA23924
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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 Chase City at 426 Virginia Ave, Chase City, VA, 23924 at $143,400 posts ROI 26.06% with $244/mo cash flow from $1,101/mo rent. Total monthly income equals $1,101/mo, and annual cash flow records $2,924/yr on $47,537 to close. Return on cash invested measures 26.06% and rental yield reads 9.21% at the current $143,400. Equity gained on principal adds $925/yr, and 5% annual appreciation supports $39,619 by year five. Five-year ROI prints 135.58% and total cumulative return in cash totals $64,450.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,101/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.32 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
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Listed by: Jeremy Holt • Oak River Realty - South Boston
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71632