1750 Ridge RdAustinvilleVA24312
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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 Austinville at 1750 Ridge Rd, Austinville, VA, 24312 listed at $549,000 pairs $1,666/mo rent with a $2,687/mo payment. Total monthly income runs $1,666/mo. Return on cash invested measures 9.33% in year one, and rental yield registers 3.64% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 45.79% and total cumulative return in cash totals $82,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,666/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24312, Austinville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 674 (65.8%) |
| Renter Occupied HU | 130 (12.7%) |
| Vacant Housing Units | 221 (21.6%) |
| Median Home Value | $109,949 |
| Average Home Value | $141,869 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
995
Multi-Family
0
Businesses
45
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Listed by: Mark Hawks • Kyle Realty, Inc.
Mls Name: SWVAR
Mls ID: #103463