879 Alliance RdSurryVA23883
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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 Surry at 879 Alliance Rd, Surry, VA, 23883 uses $84,781 cash to close to unlock $10,595/yr annual cash flow and $883/mo monthly cash flow. Total monthly income runs $2,412/mo, and a $1,252/mo payment keeps the spread at $883/mo. Purchase price stands at $255,750, and rental yield measures 11.32% with $2,412/mo rent. Return on cash invested shows 32.41% in year one, and 5% annual appreciation builds toward $70,659 over five years. Five-year ROI reaches 169.57% and total cumulative return in cash records $143,763. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,412/mo property income covering a $1,252/mo payment rather than investor’s personal income.
Single Family
Built in 1880
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23883, Surry, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,199 (100%) |
| Owner Occupied HU | 822 (68.6%) |
| Renter Occupied HU | 163 (13.6%) |
| Vacant Housing Units | 214 (17.8%) |
| Median Home Value | $330,488 |
| Average Home Value | $374,051 |
Housing Distribution
Address Breakdown
Residential
961
Single Family
961
Multi-Family
0
Businesses
107
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