1414 Eastgate Ave NERoanokeVA24012
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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 Roanoke at 1414 Eastgate Ave NE, Roanoke, VA, 24012 at $134,900 posts ROI 25.76% with $218/mo cash flow from $1,024/mo rent. Total monthly income equals $1,024/mo, and annual cash flow records $2,614/yr on $44,719 to close. Return on cash invested measures 25.76% and rental yield reads 9.11% at the current $134,900. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 by year five. Five-year ROI prints 133.91% and total cumulative return in cash totals $59,885.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24012, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,046 (100%) |
| Owner Occupied HU | 7,442 (53.0%) |
| Renter Occupied HU | 5,506 (39.2%) |
| Vacant Housing Units | 1,098 ( 7.8%) |
| Median Home Value | $226,162 |
| Average Home Value | $283,920 |
Housing Distribution
Address Breakdown
Residential
13,750
Single Family
11,722
Multi-Family
2,028
Businesses
1,260
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