121 Memory LnTazewellVA24651
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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 Tazewell at 121 Memory Ln, Tazewell, VA, 24651 with 5% annual appreciation on a $205,100 basis while $2,034/mo rent supports operations. Total monthly income totals $2,034/mo and a $1,004/mo payment preserves $808/mo for cash returns. Annual cash flow comes to $9,694/yr on $67,991 deployed, and return on cash invested reaches 34.17% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,665 alongside rental yield of 11.9%. Five-year ROI measures 179.02% and total cumulative return in cash totals $121,717.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,034/mo property income versus a $1,004/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24651, Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 1,689 (58.0%) |
| Renter Occupied HU | 724 (24.9%) |
| Vacant Housing Units | 499 (17.1%) |
| Median Home Value | $163,338 |
| Average Home Value | $199,870 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,520
Multi-Family
4
Businesses
320
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