13581 N Scenic HwyRocky GapVA24366
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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
Rental property for sale in Rocky Gap at 13581 N Scenic Hwy, Rocky Gap, VA, 24366 generates $1,241/mo in rent and, after a $783/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,241/mo, and annual cash flow is $3,417/yr on $53,007 invested. Return on cash invested sits at 26.36% in year one, and rental yield is 9.31% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 137.13% and total cumulative return in cash sums $72,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,241/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24366, Rocky Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 462 (100%) |
| Owner Occupied HU | 316 (68.4%) |
| Renter Occupied HU | 55 (11.9%) |
| Vacant Housing Units | 91 (19.7%) |
| Median Home Value | $184,615 |
| Average Home Value | $265,214 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
26
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Listed by: Lorraine Browning • BERKSHIRE HATHAWAY HOMESERVICES FOUR SEASONS SELECT
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #54646
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.