874 James River RdScottsvilleVA24590
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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
Rental property for sale in Scottsville at 874 James River Rd, Scottsville, VA, 24590 priced at $269,000 pairs $2,411/mo rent with $803/mo cash flow after a $1,317/mo payment. Total monthly income equals $2,411/mo, and annual cash flow comes to $9,631/yr on $89,174 invested. Return on cash invested is 30.71% in year one, and rental yield stands at 10.76% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 160.5% and total cumulative return in cash reaches $143,123. For financing, Ziffy Mortgage’s DSCR program evaluates $2,411/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24590, Scottsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,739 (100%) |
| Owner Occupied HU | 2,733 (73.1%) |
| Renter Occupied HU | 612 (16.4%) |
| Vacant Housing Units | 394 (10.5%) |
| Median Home Value | $333,301 |
| Average Home Value | $423,589 |
Housing Distribution
Address Breakdown
Residential
3,256
Single Family
3,256
Multi-Family
0
Businesses
187
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Listed by: ROXANNE CARTER-JOHNSTON • EXP REALTY LLC, - RICHMOND
Mls Name: CAAR
Mls ID: #670465