1172 Campground RdHonakerVA24260
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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 Honaker at 1172 Campground Rd, Honaker, VA, 24260 earns from $1,324/mo rent with a $1,346/mo payment. Total monthly income totals $1,324/mo. ROI tracks 15.7% on current figures, and rental yield reads 5.78% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 80.02% and total cumulative return in cash sums $72,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,324/mo property income instead of your personal income.
Single Family
Built in 1979
49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24260, Honaker, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,523 (100%) |
| Owner Occupied HU | 1,743 (69.1%) |
| Renter Occupied HU | 435 (17.2%) |
| Vacant Housing Units | 345 (13.7%) |
| Median Home Value | $113,104 |
| Average Home Value | $153,914 |
Housing Distribution
Address Breakdown
Residential
1,887
Single Family
1,887
Multi-Family
0
Businesses
91
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