161 Parkview DrBlue RidgeVA24064
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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 Blue Ridge at 161 Parkview Dr, Blue Ridge, VA, 24064 earns $143/mo cash flow from $2,533/mo rent with a $1,957/mo payment. Total monthly income totals $2,533/mo, and annual cash flow totals $1,713/yr on $132,567 capital. ROI tracks 21.2% on current figures, and rental yield reads 7.6% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 109.49% and total cumulative return in cash sums $145,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,533/mo property income instead of your personal income.
Single Family
Built in 1986
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24064, Blue Ridge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,781 (82.9%) |
| Renter Occupied HU | 196 ( 9.1%) |
| Vacant Housing Units | 172 ( 8.0%) |
| Median Home Value | $274,656 |
| Average Home Value | $323,932 |
Housing Distribution
Address Breakdown
Residential
2,012
Single Family
2,012
Multi-Family
0
Businesses
85
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Listed by: JEANETTE SHELOR HANDY • FRONT PORCH REALTY
Mls Name: RVAR
Mls ID: #922214