6923 Jackson River RdHot SpringsVA24445
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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 Hot Springs at 6923 Jackson River Rd, Hot Springs, VA, 24445 earns $224/mo cash flow from $971/mo rent with a $612/mo payment. Total monthly income totals $971/mo, and annual cash flow totals $2,683/yr on $41,438 capital. ROI tracks 26.38% on current figures, and rental yield reads 9.32% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 137.34% and total cumulative return in cash sums $56,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $971/mo property income instead of your personal income.
Manufactured
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24445, Hot Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,599 (100%) |
| Owner Occupied HU | 793 (49.6%) |
| Renter Occupied HU | 225 (14.1%) |
| Vacant Housing Units | 581 (36.3%) |
| Median Home Value | $219,536 |
| Average Home Value | $234,165 |
Housing Distribution
Address Breakdown
Residential
953
Single Family
905
Multi-Family
48
Businesses
96
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Listed by: Bryan Thompson • Whitetail Properties Real Estate
Mls Name: Rockbridge Highlands REALTORS
Mls ID: #139562