894 Dobby Creek RdScottsvilleVA24590
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
Investment property for sale in Scottsville at 894 Dobby Creek Rd, Scottsville, VA, 24590 at $240,000 posts ROI 26.8% with $457/mo cash flow from $1,892/mo rent. Total monthly income equals $1,892/mo, and annual cash flow records $5,484/yr on $79,560 to close. Return on cash invested measures 26.8% and rental yield reads 9.46% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 139.52% and total cumulative return in cash totals $111,002.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,892/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
1.68 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: MAKENNA ROBBINS • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls ID: #666580