1619 Lynn Flanary RdBlackwaterVA24221
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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 Blackwater at 1619 Lynn Flanary Rd, Blackwater, VA, 24221 earns from $1,362/mo rent with a $1,512/mo payment. Total monthly income totals $1,362/mo. ROI tracks 14.23% on current figures, and rental yield reads 5.29% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 72.15% and total cumulative return in cash sums $73,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,362/mo property income instead of your personal income.
Single Family
Built in 1940
111 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24221, Blackwater, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 252 (55.1%) |
| Renter Occupied HU | 57 (12.5%) |
| Vacant Housing Units | 148 (32.4%) |
| Median Home Value | $205,556 |
| Average Home Value | $254,058 |
Housing Distribution
Address Breakdown
Residential
381
Single Family
381
Multi-Family
0
Businesses
9
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Listed by: Lisa McBride • Clinch Mountain Realty & Auction Co.
Mls Name: TVRMLS
Mls ID: #9987980