1106 Smyth Chapel RdPennington GapVA24277
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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 Pennington Gap at 1106 Smyth Chapel Rd, Pennington Gap, VA, 24277 listed at $225,000 pairs $889/mo rent with a $1,101/mo payment. Total monthly income runs $889/mo. Return on cash invested measures 12.58% in year one, and rental yield registers 4.74% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 63.29% and total cumulative return in cash totals $47,205. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $889/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24277, Pennington Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 1,492 (55.5%) |
| Renter Occupied HU | 759 (28.3%) |
| Vacant Housing Units | 435 (16.2%) |
| Median Home Value | $96,667 |
| Average Home Value | $164,635 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,222
Multi-Family
77
Businesses
208
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Listed by: Emily Woods • Century 21 Virginia Wilder Real Estate
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1306675
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. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.