443 Mecklenburg Dr, Chase City, VA, 23924 | $545/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chase City at 443 Mecklenburg Dr, Chase City, VA, 23924 offers $1,932/mo rent that, after a $1,136/mo payment, leaves $545/mo cash flow. Total monthly income is $1,932/mo, and annual cash flow is $6,536/yr on $76,908 cash. Return on cash invested measures 28.41% in year one, and rental yield stands at 9.99% at a $232,000 entry. Equity gained on principal adds $1,497/yr while 5% annual appreciation compounds into $64,097 by year five. Five-year ROI records 148.16% and total cumulative return in cash reaches $113,951. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,932/mo property income versus a $1,136/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

1 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