630 Montevista Rd #501Union HallVA24176
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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 Union Hall at 630 Montevista Rd #501, Union Hall, VA, 24176 listed at $469,000 pairs $0/mo rent with a $2,296/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.73% in year one, and rental yield registers 0% at a $469,000 basis. Equity gained on principal adds $3,026/yr, and annual property appreciation at 5% supports $129,576 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $2,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A 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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No similar rental properties found nearby.
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Listed by: Charlene Marie Jones • Re/Max Lakefront Realty
Mls Name: LMLS
Mls ID: #363866