19429 Al Philpott HwySpencerVA24165
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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 Spencer at 19429 Al Philpott Hwy, Spencer, VA, 24165 earns $248/mo cash flow from $965/mo rent with a $587/mo payment. Total monthly income totals $965/mo, and annual cash flow totals $2,976/yr on $39,780 capital. ROI tracks 27.39% on current figures, and rental yield reads 9.65% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 142.67% and total cumulative return in cash sums $56,755. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $965/mo property income instead of your personal income.
Single Family
Built in 1973
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24165, Spencer, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 493 (66.0%) |
| Renter Occupied HU | 128 (17.1%) |
| Vacant Housing Units | 126 (16.9%) |
| Median Home Value | $163,032 |
| Average Home Value | $223,245 |
Housing Distribution
Address Breakdown
Residential
714
Single Family
714
Multi-Family
0
Businesses
36
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