165 Astor DrGate CityVA24251
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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
Rental property for sale in Gate City at 165 Astor Dr, Gate City, VA, 24251 priced at $215,000 pairs $1,207/mo rent with after a $1,052/mo payment. Total monthly income equals $1,207/mo. Return on cash invested is 18.6% in year one, and rental yield stands at 6.74% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 95.58% and total cumulative return in cash reaches $68,125. For financing, Ziffy Mortgage’s DSCR program evaluates $1,207/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24251, Gate City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,593 (100%) |
| Owner Occupied HU | 2,921 (63.6%) |
| Renter Occupied HU | 847 (18.4%) |
| Vacant Housing Units | 825 (18.0%) |
| Median Home Value | $163,384 |
| Average Home Value | $224,870 |
Housing Distribution
Address Breakdown
Residential
4,126
Single Family
4,058
Multi-Family
68
Businesses
284
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