108 George StNarrowsVA24124
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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 Narrows at 108 George St, Narrows, VA, 24124 listed at $168,000 pairs $1,091/mo rent with a $822/mo payment to leave $87/mo cash flow. Total monthly income runs $1,091/mo, and annual cash flow reaches $1,044/yr on $55,692 cash to close. Return on cash invested measures 21.78% in year one, and rental yield registers 7.79% at a $168,000 basis. Equity gained on principal adds $1,084/yr, and annual property appreciation at 5% supports $46,415 by year five. Five-year ROI tracks 112.61% and total cumulative return in cash totals $62,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,091/mo property income relative to a $822/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24124, Narrows, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,193 (100%) |
| Owner Occupied HU | 1,387 (63.2%) |
| Renter Occupied HU | 495 (22.6%) |
| Vacant Housing Units | 311 (14.2%) |
| Median Home Value | $134,464 |
| Average Home Value | $210,771 |
Housing Distribution
Address Breakdown
Residential
1,883
Single Family
1,878
Multi-Family
5
Businesses
90
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Listed by: Cody Journell • GRAVITY Real Estate Group, Inc.
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423949
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.