803 Lees Ct, South Hill, VA, 23970 | $287/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in South Hill at 803 Lees Ct, South Hill, VA, 23970 generates $1,525/mo in rent and, after a $857/mo payment, leaves $287/mo in cash flow. Total monthly income is $1,525/mo, and annual cash flow is $3,449/yr on $58,013 invested. Return on cash invested sits at 25.85% in year one, and rental yield is 10.46% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 135.93% and total cumulative return in cash sums $78,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,525/mo property income rather than buyer’s personal income.

Single Family

Built in 1987

435.60 sqft lot

$N/A/sqft

$191 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23970, South Hill, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,990 (100%)
Owner Occupied HU	2,055 (51.5%)
Renter Occupied HU	1,432 (35.9%)
Vacant Housing Units	503 (12.6%)
Median Home Value	$195,337
Average Home Value	$244,914