1054 Brake RdEllistonVA24087
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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 Elliston at 1054 Brake Rd, Elliston, VA, 24087 offers a 7.16% rental yield on a $392,300 purchase with $2,342/mo rent. 88% in year one. Equity gained on principal adds $2,531/yr while 5% annual appreciation supports $108,385 over five years. Portfolio math shows five-year ROI at 102.45% and total cumulative return in cash at $133,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,342/mo property income against a $1,920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24087, Elliston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,251 (73.2%) |
| Renter Occupied HU | 281 (16.4%) |
| Vacant Housing Units | 177 (10.4%) |
| Median Home Value | $249,752 |
| Average Home Value | $327,828 |
Housing Distribution
Address Breakdown
Residential
1,496
Single Family
1,496
Multi-Family
0
Businesses
63
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