17168 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
Investment property for sale in Alton at 17168 Philpott Rd, Alton, VA, 24520 earns $1,058/mo cash flow from $2,941/mo rent with a $1,542/mo payment. Total monthly income totals $2,941/mo, and annual cash flow totals $12,693/yr on $104,423 capital. ROI tracks 32.06% on current figures, and rental yield reads 11.2% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 167.75% and total cumulative return in cash sums $175,169. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,941/mo property income instead of your personal income.
Single Family
Built in 2021
2 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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