2004 E Stone Gap RdAppalachiaVA24219
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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 Appalachia at 2004 E Stone Gap Rd, Appalachia, VA, 24219 earns $484/mo cash flow from $1,978/mo rent with a $1,223/mo payment. Total monthly income totals $1,978/mo, and annual cash flow totals $5,811/yr on $82,842 capital. ROI tracks 26.92% on current figures, and rental yield reads 9.5% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 140.22% and total cumulative return in cash sums $116,162. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,978/mo property income instead of your personal income.
Manufactured
Built in 2009
2.60 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
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Listed by: Danielle Wells • Park Hill Realty Group, LLC
Mls Name: TVRMLS
Mls ID: #9978739
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