6391 S Boston HwySutherlinVA24594
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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 Sutherlin at 6391 S Boston Hwy, Sutherlin, VA, 24594 earns $269/mo cash flow from $2,241/mo rent with a $1,615/mo payment. Total monthly income totals $2,241/mo, and annual cash flow totals $3,223/yr on $109,362 capital. ROI tracks 22.86% on current figures, and rental yield reads 8.15% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 118.39% and total cumulative return in cash sums $129,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,241/mo property income instead of your personal income.
Single Family
Built in 1930
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24594, Sutherlin, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 473 (65.2%) |
| Renter Occupied HU | 115 (15.9%) |
| Vacant Housing Units | 137 (18.9%) |
| Median Home Value | $158,396 |
| Average Home Value | $190,005 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
751
Multi-Family
0
Businesses
26
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Listed by: Whitney Doss • KELLER WILLIAMS
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #72360
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.