709 Berry Hill RdSouth BostonVA24592
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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 South Boston at 709 Berry Hill Rd, South Boston, VA, 24592 with 5% annual appreciation on a $140,000 basis while $1,062/mo rent supports operations. Total monthly income totals $1,062/mo and a $685/mo payment preserves $225/mo for cash returns. Annual cash flow comes to $2,704/yr on $46,410 deployed, and return on cash invested reaches 25.74% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 9.1%. Five-year ROI measures 133.88% and total cumulative return in cash totals $62,134.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,062/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
1.70 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lisa Lindsey • Long and Foster - South Boston
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71259