203 Valley View AveRural RetreatVA24368
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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 Rural Retreat at 203 Valley View Ave, Rural Retreat, VA, 24368 priced at $120,000 pairs $1,780/mo rent with $1,063/mo cash flow after a $587/mo payment. Total monthly income equals $1,780/mo, and annual cash flow comes to $12,756/yr on $39,780 invested. Return on cash invested is 51.98% in year one, and rental yield stands at 17.8% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 274.53% and total cumulative return in cash reaches $109,207. For financing, Ziffy Mortgage’s DSCR program evaluates $1,780/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24368, Rural Retreat, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,379 (100%) |
| Owner Occupied HU | 1,653 (69.5%) |
| Renter Occupied HU | 379 (15.9%) |
| Vacant Housing Units | 347 (14.6%) |
| Median Home Value | $169,596 |
| Average Home Value | $220,800 |
Housing Distribution
Address Breakdown
Residential
1,934
Single Family
1,934
Multi-Family
0
Businesses
102
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Listed by: Joseph Hand, Jr. • RE/MAX Land Mark Real Estate
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #418429
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.