122 Ridge StBrooknealVA24528
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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 Brookneal at 122 Ridge St, Brookneal, VA, 24528 at $139,900 posts ROI 16.89% with from $720/mo rent. Total monthly income equals $720/mo. Return on cash invested measures 16.89% and rental yield reads 6.18% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 86.43% and total cumulative return in cash totals $40,083. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24528, Brookneal, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 927 (60.0%) |
| Renter Occupied HU | 321 (20.8%) |
| Vacant Housing Units | 297 (19.2%) |
| Median Home Value | $144,515 |
| Average Home Value | $226,435 |
Housing Distribution
Address Breakdown
Residential
1,211
Single Family
1,211
Multi-Family
0
Businesses
120
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