2047 Cline RoadRural RetreatVA24368
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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 Rural Retreat at 2047 Cline Road, Rural Retreat, VA, 24368 earns from $1,170/mo rent with a $1,542/mo payment. Total monthly income totals $1,170/mo. ROI tracks 11.71% on current figures, and rental yield reads 4.46% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 58.61% and total cumulative return in cash sums $61,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,170/mo property income instead of your personal income.
Single Family
Built in 1977
1.35 Acres 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: Maxine Lane • Howard Hanna Allen Tate Ashe High Country Realty
Mls Name: High Country AOR
Mls ID: #259341