161 Loop CirHaysiVA24256
Nearby investment properties with comparable rents
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
Rental property for sale in Haysi at 161 Loop Cir, Haysi, VA, 24256 offers $1,199/mo rent that, after a $783/mo payment, leaves $243/mo cash flow. Total monthly income is $1,199/mo, and annual cash flow is $2,913/yr on $53,007 cash. Return on cash invested measures 25.4% in year one, and rental yield stands at 9% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 132.04% and total cumulative return in cash reaches $69,990. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,199/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24256, Haysi, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 980 (61.3%) |
| Renter Occupied HU | 295 (18.5%) |
| Vacant Housing Units | 323 (20.2%) |
| Median Home Value | $100,376 |
| Average Home Value | $116,577 |
Housing Distribution
Address Breakdown
Residential
1,240
Single Family
1,240
Multi-Family
0
Businesses
52
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