618 Prospect RdHurtVA24563
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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 Hurt at 618 Prospect Rd, Hurt, VA, 24563 generates $1,584/mo in rent and, after a $1,077/mo payment, leaves $269/mo in cash flow. Total monthly income is $1,584/mo, and annual cash flow is $3,224/yr on $72,930 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 8.64% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 126.28% and total cumulative return in cash sums $92,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,584/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24563, Hurt, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,644 (67.8%) |
| Renter Occupied HU | 481 (19.8%) |
| Vacant Housing Units | 300 (12.4%) |
| Median Home Value | $130,959 |
| Average Home Value | $146,084 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,285
Multi-Family
0
Businesses
88
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