398 Crooked Spur RdMillboroVA24460
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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 Millboro at 398 Crooked Spur Rd, Millboro, VA, 24460 earns from $1,090/mo rent with a $1,150/mo payment. Total monthly income totals $1,090/mo. ROI tracks 15.06% on current figures, and rental yield reads 5.57% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 76.62% and total cumulative return in cash sums $59,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,090/mo property income instead of your personal income.
Single Family
Built in 1980
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24460, Millboro, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 518 (45.7%) |
| Renter Occupied HU | 114 (10.1%) |
| Vacant Housing Units | 501 (44.2%) |
| Median Home Value | $316,374 |
| Average Home Value | $356,245 |
Housing Distribution
Address Breakdown
Residential
724
Single Family
724
Multi-Family
0
Businesses
37
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Listed by: Aaron Hussar • AVENUE REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #657293
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.