1769 Julia Simpkins RdHiwasseeVA24347
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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 Hiwassee at 1769 Julia Simpkins Rd, Hiwassee, VA, 24347 earns from $1,943/mo rent with a $2,065/mo payment. Total monthly income totals $1,943/mo. ROI tracks 14.94% on current figures, and rental yield reads 5.53% at a $422,000 purchase. Equity gained on principal adds $2,723/yr, and 5% annual appreciation supports $116,591 over five years. Five-year ROI reaches 75.91% and total cumulative return in cash sums $106,199. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,943/mo property income instead of your personal income.
Single Family
Built in 1989
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24347, Hiwassee, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 621 (54.3%) |
| Renter Occupied HU | 117 (10.2%) |
| Vacant Housing Units | 406 (35.5%) |
| Median Home Value | $236,818 |
| Average Home Value | $342,279 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
803
Multi-Family
0
Businesses
14
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