128 Roberts Chapel RdSaltvilleVA24370
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Nearby investment properties with comparable prices
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 Saltville at 128 Roberts Chapel Rd, Saltville, VA, 24370 offers a 10.87% rental yield on a $182,000 purchase with $1,649/mo rent. Total monthly income registers $1,649/mo, and a $891/mo payment leaves $561/mo available for distribution. Annual cash flow reaches $6,730/yr on $60,333 to close, and return on cash invested stands at 31.06% in year one. Equity gained on principal adds $1,174/yr while 5% annual appreciation supports $50,283 over five years. Portfolio math shows five-year ROI at 162.37% and total cumulative return in cash at $97,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,649/mo property income against a $891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24370, Saltville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 1,930 (64.9%) |
| Renter Occupied HU | 487 (16.4%) |
| Vacant Housing Units | 556 (18.7%) |
| Median Home Value | $116,667 |
| Average Home Value | $157,013 |
Housing Distribution
Address Breakdown
Residential
2,486
Single Family
2,486
Multi-Family
0
Businesses
116
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Listed by: Courtney Umbarger • Uptown Properties LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #96121
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.