151 E Craig StCraigsvilleVA24430
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Nearby investment properties with comparable prices
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 Craigsville at 151 E Craig St, Craigsville, VA, 24430 with 5% annual appreciation on a $159,000 basis while $1,211/mo rent supports operations. Total monthly income totals $1,211/mo and a $778/mo payment preserves $261/mo for cash returns. Annual cash flow comes to $3,129/yr on $52,709 deployed, and return on cash invested reaches 25.85% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.14%. Five-year ROI measures 134.41% and total cumulative return in cash totals $70,848.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,211/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24430, Craigsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 521 (63.2%) |
| Renter Occupied HU | 203 (24.6%) |
| Vacant Housing Units | 101 (12.2%) |
| Median Home Value | $324,554 |
| Average Home Value | $420,590 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
509
Multi-Family
6
Businesses
22
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Listed by: JASON HARRIS REAL ESTATE TEAM • KW COMMONWEALTH
Mls Name: CAAR
Mls ID: #668784