1153 Raindrop RdFancy GapVA24328
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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 Fancy Gap at 1153 Raindrop Rd, Fancy Gap, VA, 24328 listed at $170,000 pairs $3,419/mo rent with a $832/mo payment to leave $2,403/mo cash flow. Total monthly income runs $3,419/mo, and annual cash flow reaches $28,834/yr on $56,355 cash to close. Return on cash invested measures 71.07% in year one, and rental yield registers 24.13% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 376.96% and total cumulative return in cash totals $212,433. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,419/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24328, Fancy Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 774 (44.9%) |
| Renter Occupied HU | 160 ( 9.3%) |
| Vacant Housing Units | 791 (45.9%) |
| Median Home Value | $166,296 |
| Average Home Value | $202,775 |
Housing Distribution
Address Breakdown
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
64
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Listed by: Blake Goad • Primm Real Estate Firm, LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #100542
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.