43 Poor Creek LnGreenvilleVA24440
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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 Greenville at 43 Poor Creek Ln, Greenville, VA, 24440 uses $72,897 cash to close to unlock $5,541/yr annual cash flow and $462/mo monthly cash flow. Total monthly income runs $1,776/mo, and a $1,076/mo payment keeps the spread at $462/mo. Purchase price stands at $219,900, and rental yield measures 9.69% with $1,776/mo rent. Return on cash invested shows 27.51% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 143.32% and total cumulative return in cash records $104,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,776/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24440, Greenville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 841 (78.7%) |
| Renter Occupied HU | 143 (13.4%) |
| Vacant Housing Units | 84 ( 7.9%) |
| Median Home Value | $346,618 |
| Average Home Value | $375,256 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
32
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Listed by: Persinger Real Estate Group Team • REAL BROKER LLC
Mls Name: GASAOR
Mls Provider:
Mls ID: #658024
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.