148 Royal Oak RdNorth TazewellVA24630
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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 North Tazewell at 148 Royal Oak Rd, North Tazewell, VA, 24630 priced at $159,000 pairs $1,196/mo rent with $246/mo cash flow after a $778/mo payment. Total monthly income equals $1,196/mo, and annual cash flow comes to $2,949/yr on $52,709 invested. Return on cash invested is 25.5% in year one, and rental yield stands at 9.03% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 132.57% and total cumulative return in cash reaches $69,876. For financing, Ziffy Mortgage’s DSCR program evaluates $1,196/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24630, North Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,123 (100%) |
| Owner Occupied HU | 2,081 (66.6%) |
| Renter Occupied HU | 580 (18.6%) |
| Vacant Housing Units | 462 (14.8%) |
| Median Home Value | $128,228 |
| Average Home Value | $166,204 |
Housing Distribution
Address Breakdown
Residential
2,613
Single Family
2,613
Multi-Family
0
Businesses
170
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Listed by: Eric Crawford • SOLUTIONS REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #54514
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.