991 Hankey Mountain HwyChurchvilleVA24421
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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
Total monthly income runs $2,144/mo, and a $1,957/mo payment. Purchase price stands at $399,900, and rental yield measures 6.43% with $2,144/mo rent. Return on cash invested shows 17.68% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 90.61% and total cumulative return in cash records $120,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,144/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1897
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24421, Churchville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,204 (81.3%) |
| Renter Occupied HU | 156 (10.5%) |
| Vacant Housing Units | 121 ( 8.2%) |
| Median Home Value | $398,976 |
| Average Home Value | $470,073 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
60
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Listed by: JASON HARRIS REAL ESTATE TEAM • KW COMMONWEALTH
Mls Name: CAAR
Mls ID: #670336