1098 Bucks RunAltonVA24520
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
Rental property for sale in Alton at 1098 Bucks Run, Alton, VA, 24520 priced at $215,200 converts $2,432/mo rent into $1,146/mo cash flow after a $1,053/mo obligation. Total monthly income equals $2,432/mo, and annual cash flow totals $13,750/yr on $71,339 invested. Return on cash invested prints 39.18% in year one, and rental yield reads 13.56% against a $215,200 entry. Equity gained on principal adds $1,389/yr, while 5% annual appreciation compiles into $59,456 by year five. Five-year ROI reaches 205.91% and total cumulative return in cash sums $146,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,432/mo property income covering a $1,053/mo payment, not borrower’s personal income.
Single Family
Built in 1999
12.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24520, Alton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,197 (100%) |
| Owner Occupied HU | 825 (68.9%) |
| Renter Occupied HU | 188 (15.7%) |
| Vacant Housing Units | 184 (15.4%) |
| Median Home Value | $171,082 |
| Average Home Value | $233,188 |
Housing Distribution
Address Breakdown
Residential
1,068
Single Family
1,068
Multi-Family
0
Businesses
41
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