1191 Rustic Ridge RdRinerVA24149
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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 Riner at 1191 Rustic Ridge Rd, Riner, VA, 24149 generates $2,345/mo in rent and, after a $1,884/mo payment, leaves $44/mo in cash flow. Total monthly income is $2,345/mo, and annual cash flow is $527/yr on $127,628 invested. Return on cash invested sits at 20.32% in year one, and rental yield is 7.31% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 104.77% and total cumulative return in cash sums $133,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,345/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
4.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24149, Riner, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,170 (79.0%) |
| Renter Occupied HU | 169 (11.4%) |
| Vacant Housing Units | 142 ( 9.6%) |
| Median Home Value | $347,198 |
| Average Home Value | $361,970 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
77
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