6308 Parrott Mountain RdParrottVA24132
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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 Parrott at 6308 Parrott Mountain Rd, Parrott, VA, 24132 earns from $1,439/mo rent with a $1,272/mo payment. Total monthly income totals $1,439/mo. ROI tracks 18.31% on current figures, and rental yield reads 6.64% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 94.01% and total cumulative return in cash sums $80,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,439/mo property income instead of your personal income.
Single Family
Built in 1959
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24132, Parrott, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 183 (100%) |
| Owner Occupied HU | 128 (69.9%) |
| Renter Occupied HU | 28 (15.3%) |
| Vacant Housing Units | 27 (14.8%) |
| Median Home Value | $213,043 |
| Average Home Value | $224,473 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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