64 Oak RdCollinsvilleVA24078
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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 Collinsville at 64 Oak Rd, Collinsville, VA, 24078 with 5% annual appreciation on a $219,500 basis while $1,529/mo rent supports operations. Total monthly income totals $1,529/mo and a $1,074/mo payment preserves $217/mo for cash returns. Annual cash flow comes to $2,607/yr on $72,764 deployed, and return on cash invested reaches 23.49% in year one. Equity gained on principal adds $1,416/yr, and five-year appreciation sums $60,644 alongside rental yield of 8.36%. Five-year ROI measures 121.84% and total cumulative return in cash totals $88,654.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,529/mo property income versus a $1,074/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24078, Collinsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,549 (100%) |
| Owner Occupied HU | 1,893 (53.3%) |
| Renter Occupied HU | 1,234 (34.8%) |
| Vacant Housing Units | 422 (11.9%) |
| Median Home Value | $137,580 |
| Average Home Value | $165,283 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
3,088
Multi-Family
94
Businesses
289
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Listed by: CATHY F SPENCER • THE SPENCER GROUP REAL ESTATE & AUCTION INC
Mls Name: RVAR
Mls ID: #920743