6 Pickett CtBlackstoneVA23824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blackstone at 6 Pickett Ct, Blackstone, VA, 23824 offers a 9.04% rental yield on a $159,000 purchase with $1,198/mo rent. Total monthly income registers $1,198/mo, and a $778/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,973/yr on $52,709 to close, and return on cash invested stands at 25.55% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 132.82% and total cumulative return in cash at $70,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,198/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23824, Blackstone, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,463 (100%) |
| Owner Occupied HU | 1,865 (53.9%) |
| Renter Occupied HU | 1,090 (31.5%) |
| Vacant Housing Units | 508 (14.7%) |
| Median Home Value | $232,825 |
| Average Home Value | $257,335 |
Housing Distribution
Address Breakdown
Residential
3,189
Single Family
3,122
Multi-Family
67
Businesses
325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Criswell • Scruggs Real Estate LLC
Mls Name: South Central AOR VA
Mls Provider:
Mls ID: #57600
Disclaimer: Copyright of the South Central Association of Realtors. All rights reserved.Information is deemed reliable but not guaranteed.