1453 Hummingbird LnSpout SpringVA24593
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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 Spout Spring at 1453 Hummingbird Ln, Spout Spring, VA, 24593 listed at $369,900 pairs $2,100/mo rent with a $1,810/mo payment. Total monthly income runs $2,100/mo. Return on cash invested measures 18.83% in year one, and rental yield registers 6.81% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 96.78% and total cumulative return in cash totals $118,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24593, Spout Spring, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 812 (77.3%) |
| Renter Occupied HU | 130 (12.4%) |
| Vacant Housing Units | 108 (10.3%) |
| Median Home Value | $257,396 |
| Average Home Value | $326,321 |
Housing Distribution
Address Breakdown
Residential
874
Single Family
874
Multi-Family
0
Businesses
30
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Listed by: Lisa Garrett • NextHome TwoFourFive
Mls Name: LMLS
Mls ID: #362765