47 Young AveBassettVA24055
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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 47 Young Ave, Bassett, VA, 24055 with 5% annual appreciation on a $104,900 basis while $1,044/mo rent supports operations. Total monthly income totals $1,044/mo and a $513/mo payment preserves $417/mo for cash returns. Annual cash flow comes to $5,008/yr on $34,774 deployed, and return on cash invested reaches 34.31% in year one. Equity gained on principal adds $677/yr, and five-year appreciation sums $28,982 alongside rental yield of 11.94%. Five-year ROI measures 179.91% and total cumulative return in cash totals $62,562.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,044/mo property income versus a $513/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.53 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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