13710 Fancy Gap HwyCanaVA24317
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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 Cana at 13710 Fancy Gap Hwy, Cana, VA, 24317 uses $45,416 cash to close to unlock $5,347/yr annual cash flow and $446/mo monthly cash flow. Total monthly income runs $1,265/mo, and a $671/mo payment keeps the spread at $446/mo. Purchase price stands at $137,000, and rental yield measures 11.08% with $1,265/mo rent. Return on cash invested shows 31.68% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 165.76% and total cumulative return in cash records $75,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,265/mo property income covering a $671/mo payment rather than investor’s personal income.
Manufactured
Built in 2007
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24317, Cana, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,988 (100%) |
| Owner Occupied HU | 1,277 (64.2%) |
| Renter Occupied HU | 338 (17.0%) |
| Vacant Housing Units | 373 (18.8%) |
| Median Home Value | $142,663 |
| Average Home Value | $201,498 |
Housing Distribution
Address Breakdown
Residential
1,701
Single Family
1,701
Multi-Family
0
Businesses
94
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Listed by: Michael Speelman • Keller Williams Realty Elite
Mls Name: SWVAR
Mls Provider:
Mls ID: #98950
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.