927 E Courthouse Rd, Blackstone, VA, 23824 | $276/mo Cash Flow

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927 E Courthouse Rd, Blackstone, VA, 23824 | $276/mo Cash Flow | Ziffy

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 Blackstone at 927 E Courthouse Rd, Blackstone, VA, 23824 listed at $255,000 pairs $1,800/mo rent with a $1,248/mo payment to leave $276/mo cash flow. Total monthly income runs $1,800/mo, and annual cash flow reaches $3,309/yr on $84,533 cash to close. Return on cash invested measures 23.82% in year one, and rental yield registers 8.47% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 123.57% and total cumulative return in cash totals $104,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1991

2.75 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming 3-bedroom, 2-bath ranch-style home in Blackstone offers spacious and comfortable rural living of 1,660 square feet. The home features a nice open front porch, 9-foot ceilings that enhance the open and airy feel throughout. The large master suite includes wall-to-wall carpeting, a private bath with a shower stall, and a generously sized closet for ample storage. 2 additional bedrooms conveniently located next to the master suite, which share a 2nd full bath in the hallway. The living room flows seamlessly into the kitchen dining area, creating a welcoming space for family and guests. Adjacent to the kitchen, a sunroom provides a bright and cozy spot to enjoy natural light and views of the outdoors. The laundry room leads to the attached garage. Outside, the property spans 2.75 acres, offering plenty of space and privacy. There are two external sheds providing additional storage options, and a carport is included, all conveyed "as is." The stove, washer, outdoor generator & propane tank, all conveys as is. The location is conveniently located to Fort Picket, near Fort Lee and provides easy access to major routes including 460, I-85, I-95, making commuting and travel straightforward. This home combines rural tranquility with practical amenities and accessibility, ideal for those seeking a peaceful lifestyle without sacrificing convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 23824, Blackstone, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,463 (100%)
Owner Occupied HU	1,865 (53.9%)
Renter Occupied HU	1,090 (31.5%)
Vacant Housing Units	508 (14.7%)
Median Home Value	$232,825
Average Home Value	$257,335