205 Vernon AveTazewellVA24651
Nearby investment properties with comparable rents
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 Tazewell at 205 Vernon Ave, Tazewell, VA, 24651 offers $1,381/mo rent that, after a $492/mo payment, leaves $780/mo cash flow. Total monthly income is $1,381/mo, and annual cash flow is $9,360/yr on $33,349 cash. Return on cash invested measures 47.98% in year one, and rental yield stands at 16.47% at a $100,600 entry. Equity gained on principal adds $649/yr while 5% annual appreciation compounds into $27,794 by year five. Five-year ROI records 253.21% and total cumulative return in cash reaches $84,444. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,381/mo property income versus a $492/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24651, Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 1,689 (58.0%) |
| Renter Occupied HU | 724 (24.9%) |
| Vacant Housing Units | 499 (17.1%) |
| Median Home Value | $163,338 |
| Average Home Value | $199,870 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,520
Multi-Family
4
Businesses
320
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