171 E Water StPocahontasVA24635
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pocahontas at 171 E Water St, Pocahontas, VA, 24635 at $115,000 posts ROI 32.86% with $411/mo cash flow from $1,099/mo rent. Total monthly income equals $1,099/mo, and annual cash flow records $4,937/yr on $38,123 to close. Return on cash invested measures 32.86% and rental yield reads 11.47% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 172.05% and total cumulative return in cash totals $65,589.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,099/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24635, Pocahontas, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 244 (100%) |
| Owner Occupied HU | 161 (66.0%) |
| Renter Occupied HU | 31 (12.7%) |
| Vacant Housing Units | 52 (21.3%) |
| Median Home Value | $54,500 |
| Average Home Value | $167,593 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
18
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Listed by: BARBARA BELCHER, BROKER, GRI • FULL ACCESS REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55511