606 W Northington StSouth HillVA23970
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
Investment property for sale in South Hill at 606 W Northington St, South Hill, VA, 23970 at $260,000 posts ROI 26.23% with $454/mo cash flow from $2,009/mo rent. Total monthly income equals $2,009/mo, and annual cash flow records $5,452/yr on $86,190 to close. Return on cash invested measures 26.23% and rental yield reads 9.27% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 136.5% and total cumulative return in cash totals $117,653.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,009/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23970, South Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,990 (100%) |
| Owner Occupied HU | 2,055 (51.5%) |
| Renter Occupied HU | 1,432 (35.9%) |
| Vacant Housing Units | 503 (12.6%) |
| Median Home Value | $195,337 |
| Average Home Value | $244,914 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,571
Multi-Family
178
Businesses
536
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Nearby investment properties with comparable prices
Listed by: Kristen Thompson • Exit Town & Lake Realty, South Hill
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #140546