149 Hazelnut RdHillsvilleVA24343
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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 Hillsville at 149 Hazelnut Rd, Hillsville, VA, 24343 uses $82,544 cash to close to unlock $7,719/yr annual cash flow and $643/mo monthly cash flow. Total monthly income runs $2,132/mo, and a $1,219/mo payment keeps the spread at $643/mo. Purchase price stands at $249,000, and rental yield measures 10.27% with $2,132/mo rent. Return on cash invested shows 29.26% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 152.77% and total cumulative return in cash records $126,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,132/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24343, Hillsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 2,945 (58.6%) |
| Renter Occupied HU | 978 (19.5%) |
| Vacant Housing Units | 1,103 (21.9%) |
| Median Home Value | $159,099 |
| Average Home Value | $200,289 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,786
Multi-Family
96
Businesses
370
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Listed by: Christopher Ward • Ward Real Estate Group, LLC
Mls Name: SWVAR
Mls ID: #103948