Tbd Hankey Mountain HwyChurchvilleVA24421








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 Churchville at Tbd Hankey Mountain Hwy, Churchville, VA, 24421 uses $41,404 cash to close to unlock $4,496/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $1,121/mo, and a $611/mo payment keeps the spread at $375/mo. Purchase price stands at $124,900, and rental yield measures 10.77% with $1,121/mo rent. Return on cash invested shows 30.77% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 160.82% and total cumulative return in cash records $66,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,121/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1970
2.30 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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Nearby investment properties with comparable prices



Listed by: Bill Mcmeans • REAL ESTATE PLUS
Mls Name: GASAOR
Mls Provider:
Mls ID: #657752
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.







