2091 Porter Hollow RdCastlewoodVA24224
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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 Castlewood at 2091 Porter Hollow Rd, Castlewood, VA, 24224 uses $62,952 cash to close to unlock $7,323/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $1,745/mo, and a $929/mo payment keeps the spread at $610/mo. Purchase price stands at $189,900, and rental yield measures 11.03% with $1,745/mo rent. Return on cash invested shows 31.54% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 164.99% and total cumulative return in cash records $103,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,745/mo property income covering a $929/mo payment rather than investor’s personal income.
Manufactured
Built in 2015
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24224, Castlewood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,986 (100%) |
| Owner Occupied HU | 2,046 (68.5%) |
| Renter Occupied HU | 466 (15.6%) |
| Vacant Housing Units | 474 (15.9%) |
| Median Home Value | $122,854 |
| Average Home Value | $166,968 |
Housing Distribution
Address Breakdown
Residential
1,977
Single Family
1,977
Multi-Family
0
Businesses
84
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Listed by: Sharon Stiltner • Homeland Real Estate
Mls Name: SWVAR
Mls ID: #104356