806 & 808 3rd StBlackstoneVA23824
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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 Blackstone at 806 & 808 3rd St, Blackstone, VA, 23824 earns $95/mo cash flow from $1,440/mo rent with a $1,101/mo payment. Total monthly income totals $1,440/mo, and annual cash flow totals $1,143/yr on $74,588 capital. ROI tracks 21.44% on current figures, and rental yield reads 7.68% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 110.83% and total cumulative return in cash sums $82,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Multi Family
Built in 2019
8,502 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23824, Blackstone, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,463 (100%) |
| Owner Occupied HU | 1,865 (53.9%) |
| Renter Occupied HU | 1,090 (31.5%) |
| Vacant Housing Units | 508 (14.7%) |
| Median Home Value | $232,825 |
| Average Home Value | $257,335 |
Housing Distribution
Address Breakdown
Residential
3,189
Single Family
3,122
Multi-Family
67
Businesses
325
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Nearby investment properties with comparable prices
Listed by: Alice Mitchell • Access Realty LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2426675
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.