2525 Penn Store RdSpencerVA24165
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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 2525 Penn Store Rd, Spencer, VA, 24165 offers a 10.68% rental yield on a $172,500 purchase with $1,535/mo rent. Total monthly income registers $1,535/mo, and a $844/mo payment leaves $504/mo available for distribution. Annual cash flow reaches $6,049/yr on $57,184 to close, and return on cash invested stands at 30.49% in year one. Equity gained on principal adds $1,113/yr while 5% annual appreciation supports $47,659 over five years. Portfolio math shows five-year ROI at 159.36% and total cumulative return in cash at $91,130. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,535/mo property income against a $844/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
1 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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