15 Proctor Cir SBig Stone GapVA24219
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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 Big Stone Gap at 15 Proctor Cir S, Big Stone Gap, VA, 24219 listed at $294,300 pairs $1,142/mo rent with a $1,440/mo payment. Total monthly income runs $1,142/mo. Return on cash invested measures 12.32% in year one, and rental yield registers 4.66% at a $294,300 basis. Equity gained on principal adds $1,899/yr, and annual property appreciation at 5% supports $81,310 by year five. Five-year ROI tracks 61.9% and total cumulative return in cash totals $60,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,142/mo property income relative to a $1,440/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24219, Big Stone Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,606 (100%) |
| Owner Occupied HU | 2,809 (61.0%) |
| Renter Occupied HU | 1,142 (24.8%) |
| Vacant Housing Units | 655 (14.2%) |
| Median Home Value | $152,638 |
| Average Home Value | $183,368 |
Housing Distribution
Address Breakdown
Residential
4,108
Single Family
4,076
Multi-Family
32
Businesses
291
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Listed by: Amy Hubbard • ReMax Mountain
Mls Name: TVRMLS
Mls ID: #9988797