8321 Jackson River RdHot SpringsVA24445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hot Springs at 8321 Jackson River Rd, Hot Springs, VA, 24445 priced at $140,000 pairs $2,022/mo rent with $1,185/mo cash flow after a $685/mo payment. Total monthly income equals $2,022/mo, and annual cash flow comes to $14,224/yr on $46,410 invested. Return on cash invested is 50.56% in year one, and rental yield stands at 17.33% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 266.99% and total cumulative return in cash reaches $123,910. For financing, Ziffy Mortgage’s DSCR program evaluates $2,022/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24445, Hot Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,599 (100%) |
| Owner Occupied HU | 793 (49.6%) |
| Renter Occupied HU | 225 (14.1%) |
| Vacant Housing Units | 581 (36.3%) |
| Median Home Value | $219,536 |
| Average Home Value | $234,165 |
Housing Distribution
Address Breakdown
Residential
953
Single Family
905
Multi-Family
48
Businesses
96
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Listed by: CURT MARTIN • CHARLTON ASSOCIATES
Mls Name: RVAR
Mls ID: #916947