6026 Sam Snead HwyHot SpringsVA24445
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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
Investment property for sale in Hot Springs at 6026 Sam Snead Hwy, Hot Springs, VA, 24445 listed at $139,800 pairs $1,120/mo rent with a $684/mo payment to leave $285/mo cash flow. Total monthly income runs $1,120/mo, and annual cash flow reaches $3,415/yr on $46,344 cash to close. Return on cash invested measures 27.28% in year one, and rental yield registers 9.61% at a $139,800 basis. Equity gained on principal adds $902/yr, and annual property appreciation at 5% supports $38,624 by year five. Five-year ROI tracks 142.12% and total cumulative return in cash totals $65,864. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,120/mo property income relative to a $684/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24445, Hot Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,599 (100%) |
| Owner Occupied HU | 793 (49.6%) |
| Renter Occupied HU | 225 (14.1%) |
| Vacant Housing Units | 581 (36.3%) |
| Median Home Value | $219,536 |
| Average Home Value | $234,165 |
Housing Distribution
Address Breakdown
Residential
953
Single Family
905
Multi-Family
48
Businesses
96
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Listed by: Jeff Black • Lexington Real Estate Connection
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #139501
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Rockbridge Highland Realtors. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Copyright 2025 Rockbridge Highland Realtors. All rights reserved.