712 Boyd StChase CityVA23924
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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 Chase City at 712 Boyd St, Chase City, VA, 23924 with 5% annual appreciation on a $399,500 basis while $2,350/mo rent supports operations. 57% in year one. Equity gained on principal adds $2,578/yr, and five-year appreciation sums $110,374 alongside rental yield of 7.06%. Five-year ROI measures 100.74% and total cumulative return in cash totals $133,419. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,350/mo property income versus a $1,955/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1934
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23924, Chase City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,032 (100%) |
| Owner Occupied HU | 1,745 (57.6%) |
| Renter Occupied HU | 713 (23.5%) |
| Vacant Housing Units | 574 (18.9%) |
| Median Home Value | $143,473 |
| Average Home Value | $203,683 |
Housing Distribution
Address Breakdown
Residential
2,707
Single Family
2,630
Multi-Family
77
Businesses
218
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Listed by: Eura Hayes • Coldwell Banker Advantage - Henderson
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #70283
Disclaimer: Copyright Southern Piedmont Land & Lake Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.