201 Orchard View LnBlacksburgVA24060
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
Rental property for sale in Blacksburg at 201 Orchard View Ln, Blacksburg, VA, 24060 priced at $285,000 converts $2,154/mo rent into $450/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,154/mo, and annual cash flow totals $5,403/yr on $94,478 invested. Return on cash invested prints 25.63% in year one, and rental yield reads 9.07% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 133.26% and total cumulative return in cash sums $125,898. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24060, Blacksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,424 (100%) |
| Owner Occupied HU | 8,250 (36.8%) |
| Renter Occupied HU | 12,496 (55.7%) |
| Vacant Housing Units | 1,678 ( 7.5%) |
| Median Home Value | $518,808 |
| Average Home Value | $533,291 |
Housing Distribution
Address Breakdown
Residential
22,500
Single Family
18,346
Multi-Family
4,154
Businesses
1,152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Hogan • Nest Realty SWVA
Mls Name: New River Valley AOR
Mls ID: #426017