2105 Staunton Ave NW #&-2107RoanokeVA24017
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 Roanoke at 2105 Staunton Ave NW #&-2107, Roanoke, VA, 24017 uses $66,283 cash to close to unlock $3,089/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $1,453/mo, and a $979/mo payment keeps the spread at $257/mo. Purchase price stands at $199,950, and rental yield measures 8.72% with $1,453/mo rent. Return on cash invested shows 24.57% in year one, and 5% annual appreciation builds toward $55,243 over five years. Five-year ROI reaches 127.59% and total cumulative return in cash records $84,568. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,453/mo property income covering a $979/mo payment rather than investor’s personal income.
Multi Family
Built in 1991
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24017, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,832 (100%) |
| Owner Occupied HU | 4,937 (45.6%) |
| Renter Occupied HU | 4,745 (43.8%) |
| Vacant Housing Units | 1,150 (10.6%) |
| Median Home Value | $179,363 |
| Average Home Value | $249,002 |
Housing Distribution
Address Breakdown
Residential
10,227
Single Family
9,345
Multi-Family
882
Businesses
659
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices