275 Morning Side DrBassettVA24055
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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 275 Morning Side Dr, Bassett, VA, 24055 at $275,000 posts ROI 23.19% with $249/mo cash flow from $1,893/mo rent. Total monthly income equals $1,893/mo, and annual cash flow records $2,989/yr on $91,163 to close. Return on cash invested measures 23.19% and rental yield reads 8.26% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 120.19% and total cumulative return in cash totals $109,571.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,893/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
4.48 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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