591 Wall St, Bassett, VA, 24055 | 6.65% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bassett at 591 Wall St, Bassett, VA, 24055 generates $1,552/mo in rent, after a $1,370/mo payment. Total monthly income is $1,552/mo. Return on cash invested sits at 18.34% in year one, and rental yield is 6.65% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 94.17% and total cumulative return in cash sums $87,373. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,552/mo property income rather than buyer’s personal income.

Single Family

Built in 1961

8.88 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