116 Meadow LnBluefieldVA24605
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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 Bluefield at 116 Meadow Ln, Bluefield, VA, 24605 at $385,000 posts ROI 24.39% with $477/mo cash flow from $2,778/mo rent. Total monthly income equals $2,778/mo, and annual cash flow records $5,723/yr on $127,628 to close. Return on cash invested measures 24.39% and rental yield reads 8.66% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 126.6% and total cumulative return in cash totals $161,578.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,778/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24605, Bluefield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 2,811 (66.5%) |
| Renter Occupied HU | 798 (18.9%) |
| Vacant Housing Units | 616 (14.6%) |
| Median Home Value | $163,310 |
| Average Home Value | $214,692 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
3,766
Multi-Family
29
Businesses
410
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