145 Tara AveBluefieldVA24605
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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 Bluefield at 145 Tara Ave, Bluefield, VA, 24605 generates $840/mo in rent and, after a $612/mo payment, leaves $93/mo in cash flow. Total monthly income is $840/mo, and annual cash flow is $1,111/yr on $41,438 invested. Return on cash invested sits at 22.59% in year one, and rental yield is 8.06% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 116.98% and total cumulative return in cash sums $48,473. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $840/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24605, Bluefield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 2,811 (66.5%) |
| Renter Occupied HU | 798 (18.9%) |
| Vacant Housing Units | 616 (14.6%) |
| Median Home Value | $163,310 |
| Average Home Value | $214,692 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
3,766
Multi-Family
29
Businesses
410
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Listed by: Christine Kinzer • BERKSHIRE HATHAWAY HOMESERVICES FOUR SEASONS SELECT PROP
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #54568
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