109 Wade StGoodviewVA24095
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Goodview at 109 Wade St, Goodview, VA, 24095 at $114,950 posts ROI 26.6% with $212/mo cash flow from $900/mo rent. Total monthly income equals $900/mo, and annual cash flow records $2,550/yr on $38,106 to close. Return on cash invested measures 26.6% and rental yield reads 9.4% at the current $114,950. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,759 by year five. Five-year ROI prints 138.51% and total cumulative return in cash totals $52,782.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1984
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24095, Goodview, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,571 (71.8%) |
| Renter Occupied HU | 261 (11.9%) |
| Vacant Housing Units | 357 (16.3%) |
| Median Home Value | $371,732 |
| Average Home Value | $436,221 |
Housing Distribution
Address Breakdown
Residential
2,010
Single Family
2,010
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Vandyke • WAINWRIGHT & CO., REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #911769
Disclaimer: Although the Multiple Listing Service of The Roanoke Valley is the source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. All information is deemed reliable but not guaranteed, and should be independently verified.