860 Country LnSouth HillVA23970
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 South Hill at 860 Country Ln, South Hill, VA, 23970 priced at $319,900 converts $2,100/mo rent into $187/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $2,249/yr on $106,047 invested. Return on cash invested prints 22.03% in year one, and rental yield reads 7.88% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 113.97% and total cumulative return in cash sums $120,860. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.56 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,571
Multi-Family
178
Businesses
536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alyssa Harper-Hayes • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139973