567 Traffic RdChase CityVA23924
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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 Chase City at 567 Traffic Rd, Chase City, VA, 23924 offers $3,115/mo rent that, after a $2,589/mo payment. Total monthly income is $3,115/mo. Return on cash invested measures 19.74% in year one, and rental yield stands at 7.07% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 101.6% and total cumulative return in cash reaches $176,825. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,115/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
27.63 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 |
Housing Distribution
Address Breakdown
Residential
2,707
Single Family
2,630
Multi-Family
77
Businesses
218
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Listed by: Tiffany Nichols • Southern Pine Realty Solutions - Clarksville
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71159