15468 Highland TpkeHead watersVA24442
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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 Head waters at 15468 Highland Tpke, Head waters, VA, 24442 offers a 3.76% rental yield on a $699,900 purchase with $2,194/mo rent. 69% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 47.72% and total cumulative return in cash at $109,892. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,194/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
16.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24442, Head Waters, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 72 (100%) |
| Owner Occupied HU | 15 (20.8%) |
| Renter Occupied HU | 1 ( 1.4%) |
| Vacant Housing Units | 56 (77.8%) |
| Median Home Value | $275,000 |
| Average Home Value | $373,500 |
Housing Distribution
Address Breakdown
Residential
55
Single Family
55
Multi-Family
0
Businesses
5
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Listed by: DAVID HEATWOLE • KLINE & CO. REAL ESTATE
Mls Name: CAAR
Mls ID: #669998