183 Hurricane Ridge RdMeadows Of DanVA24120
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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 Meadows Of Dan at 183 Hurricane Ridge Rd, Meadows Of Dan, VA, 24120 offers a 3.87% rental yield on a $849,000 purchase with $2,741/mo rent. 03% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,563 over five years. Portfolio math shows five-year ROI at 49.58% and total cumulative return in cash at $138,488. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,741/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
3.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24120, Meadows Of Dan, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,370 (100%) |
| Owner Occupied HU | 685 (50.0%) |
| Renter Occupied HU | 162 (11.8%) |
| Vacant Housing Units | 523 (38.2%) |
| Median Home Value | $190,417 |
| Average Home Value | $248,004 |
Housing Distribution
Address Breakdown
Residential
944
Single Family
944
Multi-Family
0
Businesses
69
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Listed by: Keith Clark • Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv
Mls Name: New River Valley AOR
Mls ID: #425084