175 N Oakes CirSaludaVA23149
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 Saluda at 175 N Oakes Cir, Saluda, VA, 23149 at $500,000 posts ROI 16.53% with from $2,538/mo rent. Total monthly income equals $2,538/mo. Return on cash invested measures 16.53% and rental yield reads 6.09% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 84.46% and total cumulative return in cash totals $140,000. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,538/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
3.53 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23149, Saluda, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,467 (100%) |
| Owner Occupied HU | 1,004 (68.4%) |
| Renter Occupied HU | 181 (12.3%) |
| Vacant Housing Units | 282 (19.2%) |
| Median Home Value | $319,178 |
| Average Home Value | $514,422 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
1,006
Multi-Family
0
Businesses
149
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Nearby investment properties with comparable prices
Listed by: Eric Walker • EXP Realty LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2419820
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.