97 Kingstown Ln, Hot Springs, VA, 24445 | Equity Gain $894/yr

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

Rental property for sale in Hot Springs at 97 Kingstown Ln, Hot Springs, VA, 24445 priced at $138,500 converts $0/mo rent into after a $678/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.73% in year one, and rental yield reads 0% against a $138,500 entry. Equity gained on principal adds $894/yr, while 5% annual appreciation compiles into $38,265 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $678/mo payment, not borrower’s personal income.

Single Family

Built in 1968

3,920 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 24445, Hot Springs, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,599 (100%)
Owner Occupied HU	793 (49.6%)
Renter Occupied HU	225 (14.1%)
Vacant Housing Units	581 (36.3%)
Median Home Value	$219,536
Average Home Value	$234,165