1914 Tate Springs RdBig Stone GapVA24219
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
Total monthly income runs $1,378/mo, and a $1,199/mo payment. Purchase price stands at $245,000, and rental yield measures 6.75% with $1,378/mo rent. Return on cash invested shows 18.63% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 95.73% and total cumulative return in cash records $77,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,378/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 2014
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24219, Big Stone Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,606 (100%) |
| Owner Occupied HU | 2,809 (61.0%) |
| Renter Occupied HU | 1,142 (24.8%) |
| Vacant Housing Units | 655 (14.2%) |
| Median Home Value | $152,638 |
| Average Home Value | $183,368 |
Housing Distribution
Address Breakdown
Residential
4,108
Single Family
4,076
Multi-Family
32
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karla Osborne • Lonesome Pine Realty
Mls Name: TVRMLS
Mls ID: #9986340
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. Some or all of the listings displayed may not belong to the firm whose website is being visited Listing information is deemed reliable, but not guaranteed.