141 Fire House RdWhitetopVA24292
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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 Whitetop at 141 Fire House Rd, Whitetop, VA, 24292 generates $1,281/mo in rent and, after a $822/mo payment, leaves $277/mo in cash flow. Total monthly income is $1,281/mo, and annual cash flow is $3,324/yr on $55,692 invested. Return on cash invested sits at 25.88% in year one, and rental yield is 9.15% on a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 134.55% and total cumulative return in cash sums $74,933. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,281/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24292, Whitetop, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 179 (57.7%) |
| Renter Occupied HU | 25 ( 8.1%) |
| Vacant Housing Units | 106 (34.2%) |
| Median Home Value | $197,500 |
| Average Home Value | $230,866 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
15
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Listed by: Amy Ballou • New River Realty & Rentals
Mls Name: SWVAR
Mls Provider:
Mls ID: #97807
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.