416 Patrick Henry RdBrooknealVA24528
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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
Rental property for sale in Brookneal at 416 Patrick Henry Rd, Brookneal, VA, 24528 priced at $162,900 pairs $720/mo rent with after a $797/mo payment. Total monthly income equals $720/mo. Return on cash invested is 14.28% in year one, and rental yield stands at 5.3% on a $162,900 basis. Equity gained on principal adds $1,051/yr, and 5% annual appreciation accumulates to $45,006 by year five. Five-year ROI measures 72.38% and total cumulative return in cash reaches $39,084. For financing, Ziffy Mortgage’s DSCR program evaluates $720/mo property income against a $797/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24528, Brookneal, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 927 (60.0%) |
| Renter Occupied HU | 321 (20.8%) |
| Vacant Housing Units | 297 (19.2%) |
| Median Home Value | $144,515 |
| Average Home Value | $226,435 |
Housing Distribution
Address Breakdown
Residential
1,211
Single Family
1,211
Multi-Family
0
Businesses
120
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