1403 Cabot DrPearisburgVA24134
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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 Pearisburg at 1403 Cabot Dr, Pearisburg, VA, 24134 offers $1,801/mo rent that, after a $1,302/mo payment, leaves $211/mo cash flow. Total monthly income is $1,801/mo, and annual cash flow is $2,530/yr on $88,179 cash. Return on cash invested measures 22.78% in year one, and rental yield stands at 8.12% at a $265,999 entry. Equity gained on principal adds $1,716/yr while 5% annual appreciation compounds into $73,491 by year five. Five-year ROI records 117.95% and total cumulative return in cash reaches $104,009. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,801/mo property income versus a $1,302/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24134, Pearisburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,843 (67.1%) |
| Renter Occupied HU | 572 (20.8%) |
| Vacant Housing Units | 330 (12.0%) |
| Median Home Value | $195,471 |
| Average Home Value | $264,365 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,444
Multi-Family
79
Businesses
235
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Listed by: Donita Anderson • Long & Foster-Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423683
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.