111 Tinkerview DrCloverdaleVA24077
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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
Rental property for sale in Cloverdale at 111 Tinkerview Dr, Cloverdale, VA, 24077 generates $1,519/mo in rent and, after a $832/mo payment, leaves $503/mo in cash flow. Total monthly income is $1,519/mo, and annual cash flow is $6,034/yr on $56,355 invested. Return on cash invested sits at 30.62% in year one, and rental yield is 10.72% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 159.97% and total cumulative return in cash sums $90,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,519/mo property income rather than buyer’s personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24077, Cloverdale, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 418 (100%) |
| Owner Occupied HU | 333 (79.7%) |
| Renter Occupied HU | 51 (12.2%) |
| Vacant Housing Units | 34 ( 8.1%) |
| Median Home Value | $343,644 |
| Average Home Value | $369,317 |
Housing Distribution
Address Breakdown
Residential
397
Single Family
397
Multi-Family
0
Businesses
90
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Listed by: VICKIE FIELDS • CENTURY 21 WAMPLER REALTY
Mls Name: RVAR
Mls ID: #918830