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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Rustburg at 86 Luke Ct, Rustburg, VA, 24588 offers $2,034/mo rent that, after a $1,468/mo payment, leaves $141/mo cash flow. Total monthly income is $2,034/mo, and annual cash flow is $1,693/yr on $99,417 cash. Return on cash invested measures 21.61% in year one, and rental yield stands at 8.14% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 112.17% and total cumulative return in cash reaches $111,520. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
1,829 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,025 (100%) |
| Owner Occupied HU | 2,961 (73.6%) |
| Renter Occupied HU | 721 (17.9%) |
| Vacant Housing Units | 343 ( 8.5%) |
| Median Home Value | $254,650 |
| Average Home Value | $251,510 |
Residential
3,969
Single Family
3,969
Multi-Family
0
Businesses
252
Date | Event | Price |
|---|---|---|
| 2025-03-19 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Scuttle
Listed by: Charlie Watts • Watts Auction Realty Appra Inc
Mls Name: LMLS
Mls Provider:
Mls ID: #357878
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.
