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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% |
Total monthly income runs $2,153/mo, and a $4,033/mo payment. Purchase price stands at $824,000, and rental yield measures 3.14% with $2,153/mo rent. Return on cash invested shows 7.79% in year one, and 5% annual appreciation builds toward $227,656 over five years. Five-year ROI reaches 37.53% and total cumulative return in cash records $101,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,153/mo property income covering a $4,033/mo payment rather than investor’s personal income.
Single Family
Built in 1982
108 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24538, Concord, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,694 (78.5%) |
| Renter Occupied HU | 292 (13.5%) |
| Vacant Housing Units | 171 ( 7.9%) |
| Median Home Value | $245,186 |
| Average Home Value | $276,281 |
Residential
1,929
Single Family
1,929
Multi-Family
0
Businesses
119
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Listed for sale | $824,000 |
| 2004-10-15 | Sold | $513,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | N/A | N/A | $357,500 | 24.22% |
| 2022-11-11 | $1496.56 | N/A | $287,800 | N/A |
| 2021-11-11 | $1496.56 | N/A | N/A | N/A |
What's Special
Storage Only,Walk-up
Listed by: Tammi Moore • TMoore Real Estate Group LLC
Mls Name: LMLS
Mls Provider:
Mls ID: #354857
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.
