5427 Snake Creek RdHillsvilleVA24343
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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
Rental property for sale in Hillsville at 5427 Snake Creek Rd, Hillsville, VA, 24343 priced at $248,900 pairs $1,936/mo rent with $448/mo cash flow after a $1,218/mo payment. Total monthly income equals $1,936/mo, and annual cash flow comes to $5,380/yr on $82,510 invested. Return on cash invested is 26.43% in year one, and rental yield stands at 9.33% on a $248,900 basis. Equity gained on principal adds $1,606/yr, and 5% annual appreciation accumulates to $68,766 by year five. Five-year ROI measures 137.57% and total cumulative return in cash reaches $113,509. For financing, Ziffy Mortgage’s DSCR program evaluates $1,936/mo property income against a $1,218/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24343, Hillsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 2,945 (58.6%) |
| Renter Occupied HU | 978 (19.5%) |
| Vacant Housing Units | 1,103 (21.9%) |
| Median Home Value | $159,099 |
| Average Home Value | $200,289 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,786
Multi-Family
96
Businesses
370
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Listed by: N/A • N/A
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