2027 Clinton Ave SERoanokeVA24013
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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 Roanoke at 2027 Clinton Ave SE, Roanoke, VA, 24013 offers a 8.34% rental yield on a $239,950 purchase with $1,668/mo rent. Total monthly income registers $1,668/mo, and a $1,174/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,809/yr on $79,543 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,294 over five years. Portfolio math shows five-year ROI at 121.55% and total cumulative return in cash at $96,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,668/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24013, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 1,373 (39.4%) |
| Renter Occupied HU | 1,630 (46.7%) |
| Vacant Housing Units | 484 (13.9%) |
| Median Home Value | $107,019 |
| Average Home Value | $179,896 |
Housing Distribution
Address Breakdown
Residential
3,260
Single Family
3,112
Multi-Family
148
Businesses
213
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