6644 Ferrell RdBelspringVA24058
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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 Belspring at 6644 Ferrell Rd, Belspring, VA, 24058 uses $39,780 cash to close to unlock $7,224/yr annual cash flow and $602/mo monthly cash flow. Total monthly income runs $1,319/mo, and a $587/mo payment keeps the spread at $602/mo. Purchase price stands at $120,000, and rental yield measures 13.19% with $1,319/mo rent. Return on cash invested shows 38.07% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 199.93% and total cumulative return in cash records $79,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,319/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1944
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24058, Belspring, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 157 (100%) |
| Owner Occupied HU | 121 (77.1%) |
| Renter Occupied HU | 27 (17.2%) |
| Vacant Housing Units | 9 ( 5.7%) |
| Median Home Value | $227,941 |
| Average Home Value | $247,397 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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