219 Original Henry RdBassettVA24055
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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 Bassett at 219 Original Henry Rd, Bassett, VA, 24055 uses $49,725 cash to close to unlock $6,822/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $1,465/mo, and a $734/mo payment keeps the spread at $569/mo. Purchase price stands at $150,000, and rental yield measures 11.72% with $1,465/mo rent. Return on cash invested shows 33.63% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 176.16% and total cumulative return in cash records $87,594. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,465/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1111
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24055, Bassett, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,207 (100%) |
| Owner Occupied HU | 4,100 (66.1%) |
| Renter Occupied HU | 1,206 (19.4%) |
| Vacant Housing Units | 901 (14.5%) |
| Median Home Value | $117,390 |
| Average Home Value | $168,245 |
Housing Distribution
Address Breakdown
Residential
5,523
Single Family
5,523
Multi-Family
0
Businesses
235
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