901 Washington Ave, Vernon Hill, VA, 24592 | $958/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Vernon Hill at 901 Washington Ave, Vernon Hill, VA, 24592 offers a 11.86% rental yield on a $245,000 purchase with $2,422/mo rent. Total monthly income registers $2,422/mo, and a $1,199/mo payment leaves $958/mo available for distribution. Annual cash flow reaches $11,491/yr on $81,218 to close, and return on cash invested stands at 34.06% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 178.45% and total cumulative return in cash at $144,936. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,422/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1946

10,018 sqft lot

$N/A/sqft

No HOA