7742 S Fork RdPoundVA24279
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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
Rental property for sale in Pound at 7742 S Fork Rd, Pound, VA, 24279 generates $1,772/mo in rent and, after a $893/mo payment, leaves $681/mo in cash flow. Total monthly income is $1,772/mo, and annual cash flow is $8,175/yr on $60,499 invested. Return on cash invested sits at 33.42% in year one, and rental yield is 11.65% on a $182,500 entry. Equity gained on principal adds $1,178/yr, while 5% annual appreciation builds toward $50,421 over five years. Five-year ROI reaches 175.08% and total cumulative return in cash sums $105,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,772/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24279, Pound, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,949 (100%) |
| Owner Occupied HU | 1,365 (70.0%) |
| Renter Occupied HU | 308 (15.8%) |
| Vacant Housing Units | 276 (14.2%) |
| Median Home Value | $102,584 |
| Average Home Value | $129,277 |
Housing Distribution
Address Breakdown
Residential
1,329
Single Family
1,329
Multi-Family
0
Businesses
80
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Listed by: Randy Wampler • REMAX Cavaliers
Mls Name: TVRMLS
Mls ID: #9983901
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