1331 Rainbow Forest DrTroutvilleVA24175
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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 Troutville at 1331 Rainbow Forest Dr, Troutville, VA, 24175 listed at $329,950 pairs $2,413/mo rent with a $1,615/mo payment to leave $441/mo cash flow. Total monthly income runs $2,413/mo, and annual cash flow reaches $5,287/yr on $109,378 cash to close. Return on cash invested measures 24.74% in year one, and rental yield registers 8.78% at a $329,950 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,159 by year five. Five-year ROI tracks 128.49% and total cumulative return in cash totals $140,539. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,413/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24175, Troutville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,623 (79.9%) |
| Renter Occupied HU | 448 (13.6%) |
| Vacant Housing Units | 212 ( 6.5%) |
| Median Home Value | $343,356 |
| Average Home Value | $412,316 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,393
Multi-Family
0
Businesses
158
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Listed by: RYAN NICELY • RE/MAX ALL STARS
Mls Name: RVAR
Mls ID: #919486