149 Rolling Hills DrMarionVA24354
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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 Marion at 149 Rolling Hills Dr, Marion, VA, 24354 priced at $197,500 converts $1,841/mo rent into $660/mo cash flow after a $967/mo obligation. Total monthly income equals $1,841/mo, and annual cash flow totals $7,920/yr on $65,471 invested. Return on cash invested prints 32.01% in year one, and rental yield reads 11.19% against a $197,500 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation compiles into $54,566 by year five. Five-year ROI reaches 167.51% and total cumulative return in cash sums $109,671. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,841/mo property income covering a $967/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24354, Marion, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,033 (100%) |
| Owner Occupied HU | 4,077 (58.0%) |
| Renter Occupied HU | 2,035 (28.9%) |
| Vacant Housing Units | 921 (13.1%) |
| Median Home Value | $151,039 |
| Average Home Value | $186,291 |
Housing Distribution
Address Breakdown
Residential
6,496
Single Family
6,439
Multi-Family
57
Businesses
576
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Listed by: Pamela Montgomery • Berkshire Hathaway Home Services Mountain Sky Properties-Wythev
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423985
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