1499 Pridemoore RdGalaxVA24333
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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 Galax at 1499 Pridemoore Rd, Galax, VA, 24333 earns $185/mo cash flow from $902/mo rent with a $587/mo payment. Total monthly income totals $902/mo, and annual cash flow totals $2,221/yr on $39,747 capital. ROI tracks 25.5% on current figures, and rental yield reads 9.03% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 132.66% and total cumulative return in cash sums $52,728. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $902/mo property income instead of your personal income.
Single Family
Built in 1958
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24333, Galax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 5,415 (61.3%) |
| Renter Occupied HU | 1,976 (22.4%) |
| Vacant Housing Units | 1,447 (16.4%) |
| Median Home Value | $157,744 |
| Average Home Value | $201,998 |
Housing Distribution
Address Breakdown
Residential
8,041
Single Family
7,799
Multi-Family
242
Businesses
670
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