501 Cheverly Dr, South Boston, VA, 24592 | $843/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1592 sft

2147 Ball Park Loop, Halifax, VA, 24558

3 Bed
2 Bath
2175 sft

3236 Bill Tuck Hwy, South Boston, VA, 24592

3 Bed
2 Bath
1364 sft

1022 Highland Hills Dr, Halifax, VA, 24558

3 Bed
3 Bath
2517 sft

214 Crystal Bay Rd, Semora, NC, 27343

Nearby investment properties with comparable prices

3 Bed
2 Bath
1144 sft

436 Mabe Dr, Ringgold, VA, 24586

4 Bed
2 Bath
1459 sft

6074 Bethel Rd, Scottsburg, VA, 24589

2 Bed
2 Bath
1160 sft

1099 Belt Blvd, South Boston, VA, 24592

2 Bed
1 Bath
1216 sft

5055 Old Cluster Springs Rd, South Boston, VA, 24592

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in South Boston at 501 Cheverly Dr, South Boston, VA, 24592 with 5% annual appreciation on a $235,000 basis while $2,248/mo rent supports operations. Total monthly income totals $2,248/mo and a $1,150/mo payment preserves $843/mo for cash returns. Annual cash flow comes to $10,121/yr on $77,903 deployed, and return on cash invested reaches 32.9% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 11.48%. Five-year ROI measures 172.27% and total cumulative return in cash totals $134,200.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,248/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1975

1 Acres lot

$N/A/sqft

No HOA