2038 Pilot View DrHillsvilleVA24343
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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
Rental property for sale in Hillsville at 2038 Pilot View Dr, Hillsville, VA, 24343 generates $0/mo in rent, after a $857/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.74% in year one, and rental yield is 0% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
19.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24343, Hillsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 2,945 (58.6%) |
| Renter Occupied HU | 978 (19.5%) |
| Vacant Housing Units | 1,103 (21.9%) |
| Median Home Value | $159,099 |
| Average Home Value | $200,289 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,786
Multi-Family
96
Businesses
370
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: MATTHEW ALAN GALLIMORE • U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
Mls Name: RVAR
Mls ID: #922160