17 Old Quaker RdGalaxVA24333
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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 Galax at 17 Old Quaker Rd, Galax, VA, 24333 with 5% annual appreciation on a $139,500 basis while $1,093/mo rent supports operations. Total monthly income totals $1,093/mo and a $683/mo payment preserves $259/mo for cash returns. Annual cash flow comes to $3,106/yr on $46,244 deployed, and return on cash invested reaches 26.63% in year one. Equity gained on principal adds $900/yr, and five-year appreciation sums $38,541 alongside rental yield of 9.4%. Five-year ROI measures 138.59% and total cumulative return in cash totals $64,089.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,093/mo property income versus a $683/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24333, Galax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 5,415 (61.3%) |
| Renter Occupied HU | 1,976 (22.4%) |
| Vacant Housing Units | 1,447 (16.4%) |
| Median Home Value | $157,744 |
| Average Home Value | $201,998 |
Housing Distribution
Address Breakdown
Residential
8,041
Single Family
7,799
Multi-Family
242
Businesses
670
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Listed by: Sandra Worrell • Primm Real Estate Firm, LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #99972
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.