191 Pin Oak DrBlue RidgeVA24064
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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
Rental property for sale in Blue Ridge at 191 Pin Oak Dr, Blue Ridge, VA, 24064 priced at $424,950 converts $2,688/mo rent into $148/mo cash flow after a $2,080/mo obligation. Total monthly income equals $2,688/mo, and annual cash flow totals $1,772/yr on $140,871 invested. Return on cash invested prints 21.17% in year one, and rental yield reads 7.59% against a $424,950 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,406 by year five. Five-year ROI reaches 109.31% and total cumulative return in cash sums $153,985. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,688/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24064, Blue Ridge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,781 (82.9%) |
| Renter Occupied HU | 196 ( 9.1%) |
| Vacant Housing Units | 172 ( 8.0%) |
| Median Home Value | $274,656 |
| Average Home Value | $323,932 |
Housing Distribution
Address Breakdown
Residential
2,012
Single Family
2,012
Multi-Family
0
Businesses
85
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Listed by: JAY KILBY • RE/MAX ALL STARS
Mls Name: RVAR
Mls ID: #922399