243 Tuggle RdProspectVA23960
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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 Prospect at 243 Tuggle Rd, Prospect, VA, 23960 at $149,900 posts ROI 27.8% with $327/mo cash flow from $1,223/mo rent. Total monthly income equals $1,223/mo, and annual cash flow records $3,919/yr on $49,692 to close. Return on cash invested measures 27.8% and rental yield reads 9.79% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 144.89% and total cumulative return in cash totals $71,999.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,223/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23960, Prospect, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 819 (100%) |
| Owner Occupied HU | 506 (61.8%) |
| Renter Occupied HU | 170 (20.8%) |
| Vacant Housing Units | 143 (17.5%) |
| Median Home Value | $195,161 |
| Average Home Value | $214,135 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
773
Multi-Family
0
Businesses
36
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