1471 Poplar Camp RdFerrumVA24088
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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 Ferrum at 1471 Poplar Camp Rd, Ferrum, VA, 24088 offers $985/mo rent that, after a $857/mo payment. Total monthly income is $985/mo. Return on cash invested measures 18.63% in year one, and rental yield stands at 6.75% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 95.76% and total cumulative return in cash reaches $55,555. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $985/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24088, Ferrum, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,023 (100%) |
| Owner Occupied HU | 1,386 (68.5%) |
| Renter Occupied HU | 308 (15.2%) |
| Vacant Housing Units | 329 (16.3%) |
| Median Home Value | $204,149 |
| Average Home Value | $265,548 |
Housing Distribution
Address Breakdown
Residential
1,735
Single Family
1,735
Multi-Family
0
Businesses
62
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