173 Long Level RdFloydVA24091
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 173 Long Level Rd, Floyd, VA, 24091 in Floyd earns a 8.65% gross yield at $375,000. Rent of $2,702/mo nets $461/mo after the $1,686/mo mortgage. The 1.60 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $103,606 and $3,454/yr in equity accumulation project a total cumulative return of $171,500.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $461 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,702 |
| Total Monthly Debt Service | $2,092 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
1.08 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
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
Single Family
Built in 2023
1.08 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices