171 Pine Creek Way SEFloydVA24091
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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 Floyd at 171 Pine Creek Way SE, Floyd, VA, 24091 at $347,000 posts ROI 22.33% with $232/mo cash flow from $2,306/mo rent. Total monthly income equals $2,306/mo, and annual cash flow records $2,785/yr on $115,031 to close. Return on cash invested measures 22.33% and rental yield reads 7.97% at the current $347,000. Equity gained on principal adds $2,239/yr, and 5% annual appreciation supports $95,870 by year five. Five-year ROI prints 115.58% and total cumulative return in cash totals $132,956.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,306/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
6.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24091, Floyd, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,796 (100%) |
| Owner Occupied HU | 2,507 (66.0%) |
| Renter Occupied HU | 760 (20.0%) |
| Vacant Housing Units | 529 (13.9%) |
| Median Home Value | $280,014 |
| Average Home Value | $309,658 |
Housing Distribution
Address Breakdown
Residential
3,379
Single Family
3,379
Multi-Family
0
Businesses
421
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