208 Mountain View AveRural 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
Rental property for sale in Rural Retreat at 208 Mountain View Ave, Rural Retreat, VA, 24368 priced at $189,900 converts $1,522/mo rent into $387/mo cash flow after a $929/mo obligation. Total monthly income equals $1,522/mo, and annual cash flow totals $4,647/yr on $62,952 invested. Return on cash invested prints 27.29% in year one, and rental yield reads 9.62% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 142.19% and total cumulative return in cash sums $89,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,522/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.50 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: William Tad Phipps • RE/MAX Landmark Real Estate
Mls Name: SWVAR
Mls Provider:
Mls ID: #93774
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.