173 Down Creek RdBrooknealVA24528
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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 Brookneal at 173 Down Creek Rd, Brookneal, VA, 24528 offers a 2.66% rental yield on a $324,900 purchase with $720/mo rent. 29% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,764 over five years. Portfolio math shows five-year ROI at 29.59% and total cumulative return in cash at $31,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24528, Brookneal, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 927 (60.0%) |
| Renter Occupied HU | 321 (20.8%) |
| Vacant Housing Units | 297 (19.2%) |
| Median Home Value | $144,515 |
| Average Home Value | $226,435 |
Housing Distribution
Address Breakdown
Residential
1,211
Single Family
1,211
Multi-Family
0
Businesses
120
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Listed by: Karl Miller • Karl Miller Realty LLC
Mls Name: LMLS
Mls Provider:
Mls ID: #353889
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.