16306 Highlands PkwyWhitetopVA24292
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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 Whitetop at 16306 Highlands Pkwy, Whitetop, VA, 24292 listed at $174,900 pairs $1,246/mo rent with a $856/mo payment to leave $201/mo cash flow. Total monthly income runs $1,246/mo, and annual cash flow reaches $2,406/yr on $57,979 cash to close. Return on cash invested measures 24.06% in year one, and rental yield registers 8.55% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 124.86% and total cumulative return in cash totals $72,396. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,246/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24292, Whitetop, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 179 (57.7%) |
| Renter Occupied HU | 25 ( 8.1%) |
| Vacant Housing Units | 106 (34.2%) |
| Median Home Value | $197,500 |
| Average Home Value | $230,866 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
15
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