139 Owens DrFerrumVA24088
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ferrum at 139 Owens Dr, Ferrum, VA, 24088 priced at $270,000 pairs $1,914/mo rent with $300/mo cash flow after a $1,322/mo payment. Total monthly income equals $1,914/mo, and annual cash flow comes to $3,594/yr on $89,505 invested. Return on cash invested is 23.92% in year one, and rental yield stands at 8.51% on a $270,000 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 124.11% and total cumulative return in cash reaches $111,085. For financing, Ziffy Mortgage’s DSCR program evaluates $1,914/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24088, Ferrum, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,023 (100%) |
| Owner Occupied HU | 1,386 (68.5%) |
| Renter Occupied HU | 308 (15.2%) |
| Vacant Housing Units | 329 (16.3%) |
| Median Home Value | $204,149 |
| Average Home Value | $265,548 |
Housing Distribution
Address Breakdown
Residential
1,735
Single Family
1,735
Multi-Family
0
Businesses
62
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Listed by: Deborah F Beran • DEB BERAN PROPERTIES
Mls Name: RVAR
Mls Provider:
Mls ID: #918149
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