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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Dillwyn at 504 Scotts Bottom Rd, Dillwyn, VA, 23936 generates $1,988/mo in rent, after a $1,898/mo payment. Total monthly income is $1,988/mo. Return on cash invested sits at 16.83% in year one, and rental yield is 6.15% on a $387,875 entry. Equity gained on principal adds $2,503/yr, while 5% annual appreciation builds toward $107,163 over five years. Five-year ROI reaches 86.04% and total cumulative return in cash sums $110,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,988/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23936, Dillwyn, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,620 (62.8%) |
| Renter Occupied HU | 559 (21.7%) |
| Vacant Housing Units | 399 (15.5%) |
| Median Home Value | $239,356 |
| Average Home Value | $271,000 |
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
169
Date | Event | Price |
|---|---|---|
| 2024-11-09 | Price change | $387,875 |
| 2024-08-29 | Listed for sale | $399,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $1377.75 | 5.77% | $250,500 | N/A |
| 2022-11-13 | $1302.60 | N/A | $250,500 | N/A |
| 2021-11-13 | $1302.60 | -5.45% | $250,500 | N/A |
What's Special
Pull Down Stairs
Listed by: Janet Sue Miller • Century 21 Realty @ Home
Mls Name: LMLS
Mls Provider:
Mls ID: #354328
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.
