2060 Delhart RdGalaxVA24333
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
Investment property for sale in Galax at 2060 Delhart Rd, Galax, VA, 24333 at $200,000 posts ROI 26.87% with $384/mo cash flow from $1,580/mo rent. Total monthly income equals $1,580/mo, and annual cash flow records $4,612/yr on $66,300 to close. Return on cash invested measures 26.87% and rental yield reads 9.48% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 139.92% and total cumulative return in cash totals $92,768.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,580/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24333, Galax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 5,415 (61.3%) |
| Renter Occupied HU | 1,976 (22.4%) |
| Vacant Housing Units | 1,447 (16.4%) |
| Median Home Value | $157,744 |
| Average Home Value | $201,998 |
Housing Distribution
Address Breakdown
Residential
8,041
Single Family
7,799
Multi-Family
242
Businesses
670
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Listed by: Pamela Montgomery • Berkshire Hathaway Home Services Mountain Sky Properties-Wythev
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423469
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.