129 Burton RdNarrowsVA24124
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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 Narrows at 129 Burton Rd, Narrows, VA, 24124 at $225,000 posts ROI 17.29% with from $1,182/mo rent. Total monthly income equals $1,182/mo. Return on cash invested measures 17.29% and rental yield reads 6.3% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 88.56% and total cumulative return in cash totals $66,057. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,182/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2023
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24124, Narrows, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,193 (100%) |
| Owner Occupied HU | 1,387 (63.2%) |
| Renter Occupied HU | 495 (22.6%) |
| Vacant Housing Units | 311 (14.2%) |
| Median Home Value | $134,464 |
| Average Home Value | $210,771 |
Housing Distribution
Address Breakdown
Residential
1,883
Single Family
1,878
Multi-Family
5
Businesses
90
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Listed by: Zach Epperly • RE/MAX 8 - Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423682
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.