13382 George Washington Memorial HwySaludaVA23149
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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 Saluda at 13382 George Washington Memorial Hwy, Saluda, VA, 23149 listed at $179,900 pairs $1,423/mo rent with a $881/mo payment to leave $347/mo cash flow. Total monthly income runs $1,423/mo, and annual cash flow reaches $4,165/yr on $59,637 cash to close. Return on cash invested measures 26.89% in year one, and rental yield registers 9.49% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 140.1% and total cumulative return in cash totals $83,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,423/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2002
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23149, Saluda, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,467 (100%) |
| Owner Occupied HU | 1,004 (68.4%) |
| Renter Occupied HU | 181 (12.3%) |
| Vacant Housing Units | 282 (19.2%) |
| Median Home Value | $319,178 |
| Average Home Value | $514,422 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
1,006
Multi-Family
0
Businesses
149
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