1573 Grit RdHurtVA24563
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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 Hurt at 1573 Grit Rd, Hurt, VA, 24563 uses $69,582 cash to close to unlock $715/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $1,314/mo, and a $1,027/mo payment keeps the spread at $60/mo. Purchase price stands at $209,900, and rental yield measures 7.51% with $1,314/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 108.11% and total cumulative return in cash records $75,224. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,314/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1946
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24563, Hurt, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,644 (67.8%) |
| Renter Occupied HU | 481 (19.8%) |
| Vacant Housing Units | 300 (12.4%) |
| Median Home Value | $130,959 |
| Average Home Value | $146,084 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,285
Multi-Family
0
Businesses
88
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