1836 Woods Fork RdGrundyVA24614
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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 Grundy at 1836 Woods Fork Rd, Grundy, VA, 24614 with 5% annual appreciation on a $172,500 basis while $1,949/mo rent supports operations. Total monthly income totals $1,949/mo and a $844/mo payment preserves $918/mo for cash returns. Annual cash flow comes to $11,017/yr on $57,184 deployed, and return on cash invested reaches 39.18% in year one. Equity gained on principal adds $1,113/yr, and five-year appreciation sums $47,659 alongside rental yield of 13.56%. Five-year ROI measures 205.97% and total cumulative return in cash totals $117,782.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,949/mo property income versus a $844/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24614, Grundy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,847 (100%) |
| Owner Occupied HU | 2,426 (63.1%) |
| Renter Occupied HU | 689 (17.9%) |
| Vacant Housing Units | 732 (19.0%) |
| Median Home Value | $138,014 |
| Average Home Value | $235,347 |
Housing Distribution
Address Breakdown
Residential
2,499
Single Family
2,499
Multi-Family
0
Businesses
255
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Listed by: Joyce Ratliff • RE/MAX At Work
Mls Name: SWVAR
Mls Provider:
Mls ID: #92545
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.