421 Philpott Dam RdBassettVA24055
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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 421 Philpott Dam Rd, Bassett, VA, 24055 earns $268/mo cash flow from $1,105/mo rent with a $685/mo payment. Total monthly income totals $1,105/mo, and annual cash flow totals $3,221/yr on $46,377 capital. ROI tracks 26.85% on current figures, and rental yield reads 9.48% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 139.89% and total cumulative return in cash sums $64,875. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,105/mo property income instead of your personal income.
Single Family
Built in 1966
N/A 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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