6680 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 6680 Snow Creek Rd, Penhook, VA, 24137 uses $140,888 cash to close to unlock $6,439/yr annual cash flow and $537/mo monthly cash flow. Total monthly income runs $3,077/mo, and a $2,080/mo payment keeps the spread at $537/mo. Purchase price stands at $425,000, and rental yield measures 8.69% with $3,077/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 127.08% and total cumulative return in cash records $179,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,077/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1986
6.98 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: Jennifer Lee Mazeika • PROPERTY NAVIGATORS LLC
Mls Name: RVAR
Mls Provider:
Mls ID: #915407
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