1097 Mount Zion RdElk CreekVA24326
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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 Elk Creek at 1097 Mount Zion Rd, Elk Creek, VA, 24326 earns from $0/mo rent with a $1,052/mo payment. Total monthly income totals $0/mo. ROI tracks -1.72% on current figures, and rental yield reads 0% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1940
1.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24326, Elk Creek, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 750 (100%) |
| Owner Occupied HU | 395 (52.7%) |
| Renter Occupied HU | 68 ( 9.1%) |
| Vacant Housing Units | 287 (38.3%) |
| Median Home Value | $166,964 |
| Average Home Value | $209,437 |
Housing Distribution
Address Breakdown
Residential
578
Single Family
578
Multi-Family
0
Businesses
22
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