145 Long Level Rd SWFloydVA24091
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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 Floyd at 145 Long Level Rd SW, Floyd, VA, 24091 listed at $289,000 pairs $2,520/mo rent with a $1,415/mo payment to leave $792/mo cash flow. Total monthly income runs $2,520/mo, and annual cash flow reaches $9,503/yr on $95,804 cash to close. Return on cash invested measures 29.83% in year one, and rental yield registers 10.46% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 155.75% and total cumulative return in cash totals $149,210. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2024
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24091, Floyd, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,796 (100%) |
| Owner Occupied HU | 2,507 (66.0%) |
| Renter Occupied HU | 760 (20.0%) |
| Vacant Housing Units | 529 (13.9%) |
| Median Home Value | $280,014 |
| Average Home Value | $309,658 |
Housing Distribution
Address Breakdown
Residential
3,379
Single Family
3,379
Multi-Family
0
Businesses
421
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