2032 Parkersburg TpkeSwoopeVA24479
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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 Swoope at 2032 Parkersburg Tpke, Swoope, VA, 24479 offers a 7.5% rental yield on a $431,100 purchase with $2,693/mo rent. Total monthly income registers $2,693/mo, and a $2,110/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,392/yr on $142,910 to close, and return on cash invested stands at 20.88% in year one. Equity gained on principal adds $2,782/yr while 5% annual appreciation supports $119,105 over five years. Portfolio math shows five-year ROI at 107.77% and total cumulative return in cash at $154,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,693/mo property income against a $2,110/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
10.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24479, Swoope, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 626 (78.6%) |
| Renter Occupied HU | 79 ( 9.9%) |
| Vacant Housing Units | 91 (11.4%) |
| Median Home Value | $427,500 |
| Average Home Value | $544,365 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
673
Multi-Family
0
Businesses
12
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