6399 Snow Creek RdPenhookVA24137
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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 Penhook at 6399 Snow Creek Rd, Penhook, VA, 24137 offers a 7.55% rental yield on a $419,500 purchase with $2,639/mo rent. Total monthly income registers $2,639/mo, and a $2,053/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,578/yr on $139,064 to close, and return on cash invested stands at 21.04% in year one. Equity gained on principal adds $2,707/yr while 5% annual appreciation supports $115,900 over five years. Portfolio math shows five-year ROI at 108.65% and total cumulative return in cash at $151,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,639/mo property income against a $2,053/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24137, Penhook, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,144 (100%) |
| Owner Occupied HU | 978 (45.6%) |
| Renter Occupied HU | 153 ( 7.1%) |
| Vacant Housing Units | 1,013 (47.2%) |
| Median Home Value | $324,242 |
| Average Home Value | $469,836 |
Housing Distribution
Address Breakdown
Residential
1,482
Single Family
1,482
Multi-Family
0
Businesses
46
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Listed by: David Mitchell Jearls • MKB, REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #916712
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