1803 Sheffield Rd SWRoanokeVA24015
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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 Roanoke at 1803 Sheffield Rd SW, Roanoke, VA, 24015 offers a 7.34% rental yield on a $442,000 purchase with $2,705/mo rent. 7% in year one. Equity gained on principal adds $2,852/yr while 5% annual appreciation supports $122,116 over five years. Portfolio math shows five-year ROI at 101.72% and total cumulative return in cash at $149,042. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,705/mo property income against a $2,163/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24015, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,042 (100%) |
| Owner Occupied HU | 4,314 (53.6%) |
| Renter Occupied HU | 3,196 (39.7%) |
| Vacant Housing Units | 532 ( 6.6%) |
| Median Home Value | $301,665 |
| Average Home Value | $340,228 |
Housing Distribution
Address Breakdown
Residential
7,774
Single Family
6,755
Multi-Family
1,019
Businesses
534
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Listed by: SCOTT AVIS • MKB, REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #921321
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