21 Wing Walker WayBuena VistaVA24416
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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 Buena Vista at 21 Wing Walker Way, Buena Vista, VA, 24416 priced at $475,000 converts $3,138/mo rent into $298/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,138/mo, and annual cash flow totals $3,581/yr on $157,463 invested. Return on cash invested prints 22.18% in year one, and rental yield reads 7.93% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 114.77% and total cumulative return in cash sums $180,727. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,138/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24416, Buena Vista, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,009 (100%) |
| Owner Occupied HU | 2,407 (60.0%) |
| Renter Occupied HU | 1,117 (27.9%) |
| Vacant Housing Units | 485 (12.1%) |
| Median Home Value | $203,571 |
| Average Home Value | $276,812 |
Housing Distribution
Address Breakdown
Residential
3,723
Single Family
3,524
Multi-Family
199
Businesses
259
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Listed by: JUDY HILLMAN • LONG & FOSTER - ROANOKE OFFICE
Mls Name: RVAR
Mls ID: #921916