2113 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 2113 Grit Rd, Hurt, VA, 24563 offers a 8.39% rental yield on a $234,900 purchase with $1,642/mo rent. Total monthly income registers $1,642/mo, and a $1,150/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,850/yr on $77,869 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 122.22% and total cumulative return in cash at $95,169. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,642/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.40 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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