9702 Hatton Ferry RdScottsvilleVA24590
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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
Investment Highlights
Investment property for sale in Scottsville at 9702 Hatton Ferry Rd, Scottsville, VA, 24590 offers a 8.33% rental yield on a $275,000 purchase with $1,909/mo rent. Total monthly income registers $1,909/mo, and a $1,346/mo payment leaves $265/mo available for distribution. Annual cash flow reaches $3,181/yr on $91,163 to close, and return on cash invested stands at 23.4% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 121.34% and total cumulative return in cash at $110,615. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,909/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1754
2.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24590, Scottsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,739 (100%) |
| Owner Occupied HU | 2,733 (73.1%) |
| Renter Occupied HU | 612 (16.4%) |
| Vacant Housing Units | 394 (10.5%) |
| Median Home Value | $333,301 |
| Average Home Value | $423,589 |
Housing Distribution
Address Breakdown
Residential
3,256
Single Family
3,256
Multi-Family
0
Businesses
187
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Listed by: IRIS HELFRICH • MONTICELLO COUNTRY REAL ESTATE, INC.
Mls Name: CAAR
Mls ID: #669648