1950 Bridle LnRinerVA24149
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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 Riner at 1950 Bridle Ln, Riner, VA, 24149 listed at $551,000 pairs $3,352/mo rent with a $2,697/mo payment to leave $33/mo cash flow. Total monthly income runs $3,352/mo, and annual cash flow reaches $397/yr on $181,279 cash to close. Return on cash invested measures 20.28% in year one, and rental yield registers 7.3% at a $551,000 basis. Equity gained on principal adds $3,556/yr, and annual property appreciation at 5% supports $152,231 by year five. Five-year ROI tracks 104.59% and total cumulative return in cash totals $189,600. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,352/mo property income relative to a $2,697/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
0.46 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24149, Riner, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,170 (79.0%) |
| Renter Occupied HU | 169 (11.4%) |
| Vacant Housing Units | 142 ( 9.6%) |
| Median Home Value | $347,198 |
| Average Home Value | $361,970 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
77
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Listed by: Jake Hinson • RE/MAX 8 - Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #422243
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.