107 Deertrack LnHonakerVA24260
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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 Honaker at 107 Deertrack Ln, Honaker, VA, 24260 at $138,500 posts ROI 26.26% with $243/mo cash flow from $1,071/mo rent. Total monthly income equals $1,071/mo, and annual cash flow records $2,916/yr on $45,913 to close. Return on cash invested measures 26.26% and rental yield reads 9.28% at the current $138,500. Equity gained on principal adds $894/yr, and 5% annual appreciation supports $38,265 by year five. Five-year ROI prints 136.58% and total cumulative return in cash totals $62,707.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,071/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24260, Honaker, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,523 (100%) |
| Owner Occupied HU | 1,743 (69.1%) |
| Renter Occupied HU | 435 (17.2%) |
| Vacant Housing Units | 345 (13.7%) |
| Median Home Value | $113,104 |
| Average Home Value | $153,914 |
Housing Distribution
Address Breakdown
Residential
1,887
Single Family
1,887
Multi-Family
0
Businesses
91
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Listed by: Nathanael Osborne • BHHS- Mountain Sky Properties, Wytheville
Mls Name: SWVAR
Mls Provider:
Mls ID: #97862
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.