120 Wells LnTroutvilleVA24175
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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 Troutville at 120 Wells Ln, Troutville, VA, 24175 offers $4,010/mo rent that, after a $2,647/mo payment, leaves $777/mo cash flow. Total monthly income is $4,010/mo, and annual cash flow is $9,326/yr on $177,923 cash. Return on cash invested measures 25.3% in year one, and rental yield stands at 8.9% at a $540,800 entry. Equity gained on principal adds $3,490/yr while 5% annual appreciation compounds into $149,413 by year five. Five-year ROI records 131.47% and total cumulative return in cash reaches $233,917. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,010/mo property income versus a $2,647/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24175, Troutville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,623 (79.9%) |
| Renter Occupied HU | 448 (13.6%) |
| Vacant Housing Units | 212 ( 6.5%) |
| Median Home Value | $343,356 |
| Average Home Value | $412,316 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,393
Multi-Family
0
Businesses
158
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Listed by: N/A • N/A
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