1001 Double Bridges DrFancy GapVA24328
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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 Fancy Gap at 1001 Double Bridges Dr, Fancy Gap, VA, 24328 offers a 5.86% rental yield on a $345,900 purchase with $1,690/mo rent. 96% in year one. Equity gained on principal adds $2,232/yr while 5% annual appreciation supports $95,566 over five years. Portfolio math shows five-year ROI at 81.39% and total cumulative return in cash at $93,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,690/mo property income against a $1,693/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24328, Fancy Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 774 (44.9%) |
| Renter Occupied HU | 160 ( 9.3%) |
| Vacant Housing Units | 791 (45.9%) |
| Median Home Value | $166,296 |
| Average Home Value | $202,775 |
Housing Distribution
Address Breakdown
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
64
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Listed by: Ronnie Collins • Keller Williams Realty Elite
Mls Name: SWVAR
Mls Provider:
Mls ID: #100288
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.