10760 Riverside DrOakwoodVA24631
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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 Oakwood at 10760 Riverside Dr, Oakwood, VA, 24631 listed at $175,000 pairs $1,346/mo rent with a $857/mo payment to leave $299/mo cash flow. Total monthly income runs $1,346/mo, and annual cash flow reaches $3,593/yr on $58,013 cash to close. Return on cash invested measures 26.1% in year one, and rental yield registers 9.23% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 135.83% and total cumulative return in cash totals $78,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,346/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24631, Oakwood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 520 (59.6%) |
| Renter Occupied HU | 181 (20.7%) |
| Vacant Housing Units | 172 (19.7%) |
| Median Home Value | $74,627 |
| Average Home Value | $105,356 |
Housing Distribution
Address Breakdown
Residential
439
Single Family
439
Multi-Family
0
Businesses
60
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Listed by: Carolyn Baldwin Pyles • Fortune Realty of Richlands
Mls Name: SWVAR
Mls Provider:
Mls ID: #96212
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.