1321 Trail Hollow RdHiwasseeVA24347
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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 Hiwassee at 1321 Trail Hollow Rd, Hiwassee, VA, 24347 with 5% annual appreciation on a $649,000 basis while $3,472/mo rent supports operations. 67% in year one. Equity gained on principal adds $4,188/yr, and five-year appreciation sums $179,307 alongside rental yield of 6.42%. Five-year ROI measures 90.58% and total cumulative return in cash totals $193,416. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,472/mo property income versus a $3,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
3.02 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24347, Hiwassee, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 621 (54.3%) |
| Renter Occupied HU | 117 (10.2%) |
| Vacant Housing Units | 406 (35.5%) |
| Median Home Value | $236,818 |
| Average Home Value | $342,279 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
803
Multi-Family
0
Businesses
14
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Listed by: Elaine Smith • Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423610
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