204 High Ave NECoeburnVA24230
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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 Coeburn at 204 High Ave NE, Coeburn, VA, 24230 with 5% annual appreciation on a $100,000 basis while $776/mo rent supports operations. Total monthly income totals $776/mo and a $489/mo payment preserves $179/mo for cash returns. Annual cash flow comes to $2,144/yr on $33,150 deployed, and return on cash invested reaches 26.38% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.31%. Five-year ROI measures 137.24% and total cumulative return in cash totals $45,496.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $776/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24230, Coeburn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,868 (100%) |
| Owner Occupied HU | 2,358 (61.0%) |
| Renter Occupied HU | 750 (19.4%) |
| Vacant Housing Units | 760 (19.6%) |
| Median Home Value | $139,552 |
| Average Home Value | $167,802 |
Housing Distribution
Address Breakdown
Residential
2,687
Single Family
2,665
Multi-Family
22
Businesses
149
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