1481 Dry RdSpeedwellVA24374
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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 Speedwell at 1481 Dry Rd, Speedwell, VA, 24374 listed at $289,500 pairs $0/mo rent with a $1,417/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.73% in year one, and rental yield registers 0% at a $289,500 basis. Equity gained on principal adds $1,868/yr, and annual property appreciation at 5% supports $79,984 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,417/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24374, Speedwell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 379 (100%) |
| Owner Occupied HU | 262 (69.1%) |
| Renter Occupied HU | 44 (11.6%) |
| Vacant Housing Units | 73 (19.3%) |
| Median Home Value | $253,750 |
| Average Home Value | $280,067 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
283
Multi-Family
0
Businesses
10
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