175 Indian Springs DrCedar BluffVA24609
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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 Cedar Bluff at 175 Indian Springs Dr, Cedar Bluff, VA, 24609 offers a 20.3% rental yield on a $105,000 purchase with $1,776/mo rent. Total monthly income registers $1,776/mo, and a $514/mo payment leaves $1,148/mo available for distribution. Annual cash flow reaches $13,779/yr on $34,808 to close, and return on cash invested stands at 59.5% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 314.94% and total cumulative return in cash at $109,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,776/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24609, Cedar Bluff, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,117 (100%) |
| Owner Occupied HU | 2,222 (71.3%) |
| Renter Occupied HU | 485 (15.6%) |
| Vacant Housing Units | 410 (13.2%) |
| Median Home Value | $161,607 |
| Average Home Value | $223,812 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,515
Multi-Family
0
Businesses
215
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Listed by: Suzette Robinson • Century 21 Bennett & Edwards
Mls Name: TVRMLS
Mls ID: #9987872
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