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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% |
Investment property for sale in Meherrin at 90 Hatton Ln, Meherrin, VA, 23954 with 5% annual appreciation on a $495,000 basis while $1,231/mo rent supports operations. 27% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 2.98%. Five-year ROI measures 34.79% and total cumulative return in cash totals $57,094. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,231/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1973
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23954, Meherrin, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,129 (100%) |
| Owner Occupied HU | 750 (66.4%) |
| Renter Occupied HU | 177 (15.7%) |
| Vacant Housing Units | 202 (17.9%) |
| Median Home Value | $171,505 |
| Average Home Value | $274,633 |
Residential
893
Single Family
893
Multi-Family
0
Businesses
26
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $495,000 |
| 2023-07-31 | Sold | $450,000 |
| 2023-04-10 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-28 | $2288.90 | 14.37% | $487,000 | 14.37% |
| 2022-03-28 | $2001.26 | 1.89% | $425,800 | 1.89% |
| 2021-03-28 | $1964.13 | 19.31% | $417,900 | 29.46% |
Listed by: Parker Lamb • RE/MAX Advantage Plus
Mls Name: South Central AOR VA
Mls Provider:
Mls ID: #57020
Disclaimer: Copyright of the South Central Association of Realtors. All rights reserved.Information is deemed reliable but not guaranteed.
