5896 Grayson TpkeCrockettVA24323
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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 Crockett at 5896 Grayson Tpke, Crockett, VA, 24323 generates $2,188/mo in rent, after a $2,496/mo payment. Total monthly income is $2,188/mo. Return on cash invested sits at 13.91% in year one, and rental yield is 5.15% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 70.35% and total cumulative return in cash sums $118,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,188/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24323, Crockett, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 257 (100%) |
| Owner Occupied HU | 180 (70.0%) |
| Renter Occupied HU | 36 (14.0%) |
| Vacant Housing Units | 41 (16.0%) |
| Median Home Value | $236,538 |
| Average Home Value | $273,569 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
8
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