211 Cook AveBrooknealVA24528
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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
Rental property for sale in Brookneal at 211 Cook Ave, Brookneal, VA, 24528 priced at $148,000 converts $2,210/mo rent into $1,326/mo cash flow after a $724/mo obligation. Total monthly income equals $2,210/mo, and annual cash flow totals $15,908/yr on $49,062 invested. Return on cash invested prints 52.33% in year one, and rental yield reads 17.92% against a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation compiles into $40,890 by year five. Five-year ROI reaches 276.44% and total cumulative return in cash sums $135,626. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,210/mo property income covering a $724/mo payment, not borrower’s personal income.
Single Family
Built in 1908
0.63 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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