13177 Philpott RdAltonVA24520
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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
Rental property for sale in Alton at 13177 Philpott Rd, Alton, VA, 24520 generates $4,184/mo in rent, after a $5,873/mo payment. Total monthly income is $4,184/mo. Return on cash invested sits at 11.14% in year one, and rental yield is 4.18% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 55.45% and total cumulative return in cash sums $215,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,184/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
46.41 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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Listed by: Richard Fain • JEFF DAVIS & ASSOCIATES, LLC
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74699
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.