185 Walnut Manor DrFincastleVA24090
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fincastle at 185 Walnut Manor Dr, Fincastle, VA, 24090 offers a 5.9% rental yield on a $724,950 purchase with $3,562/mo rent. 18% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,290 over five years. Portfolio math shows five-year ROI at 82.53% and total cumulative return in cash at $196,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,562/mo property income against a $3,548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24090, Fincastle, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,242 (100%) |
| Owner Occupied HU | 1,723 (76.9%) |
| Renter Occupied HU | 299 (13.3%) |
| Vacant Housing Units | 220 ( 9.8%) |
| Median Home Value | $375,836 |
| Average Home Value | $433,817 |
Housing Distribution
Address Breakdown
Residential
1,835
Single Family
1,835
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices