538 Long Horne RdUnion HallVA24176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Union Hall at 538 Long Horne Rd, Union Hall, VA, 24176 offers $1,636/mo rent that, after a $1,224/mo payment, leaves $141/mo cash flow. Total monthly income is $1,636/mo, and annual cash flow is $1,694/yr on $82,875 cash. Return on cash invested measures 21.95% in year one, and rental yield stands at 7.85% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 113.58% and total cumulative return in cash reaches $94,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,636/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24176, Union Hall, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 616 (47.7%) |
| Renter Occupied HU | 86 ( 6.7%) |
| Vacant Housing Units | 589 (45.6%) |
| Median Home Value | $645,833 |
| Average Home Value | $696,855 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
1,009
Multi-Family
0
Businesses
37
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Listed by: ALYSHIA MERCHANT • DIVINE FOG REALTY COMPANY LLC- ROANOKE
Mls Name: RVAR
Mls ID: #922546