1251 Shawnee RdRinggoldVA24586
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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 Ringgold at 1251 Shawnee Rd, Ringgold, VA, 24586 offers a 9.96% rental yield on a $195,000 purchase with $1,618/mo rent. Total monthly income registers $1,618/mo, and a $954/mo payment leaves $453/mo available for distribution. Annual cash flow reaches $5,433/yr on $64,643 to close, and return on cash invested stands at 28.31% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 147.65% and total cumulative return in cash at $95,446. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,618/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24586, Ringgold, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,364 (100%) |
| Owner Occupied HU | 1,645 (69.6%) |
| Renter Occupied HU | 436 (18.4%) |
| Vacant Housing Units | 283 (12.0%) |
| Median Home Value | $159,621 |
| Average Home Value | $183,345 |
Housing Distribution
Address Breakdown
Residential
2,326
Single Family
2,326
Multi-Family
0
Businesses
94
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Listed by: Richard Fain • JEFF DAVIS & ASSOCIATES, LLC
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74727
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.