215 W Mountain View AveBluefieldVA24605
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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 Bluefield at 215 W Mountain View Ave, Bluefield, VA, 24605 earns $221/mo cash flow from $1,326/mo rent with a $905/mo payment. Total monthly income totals $1,326/mo, and annual cash flow totals $2,647/yr on $61,328 capital. ROI tracks 24.23% on current figures, and rental yield reads 8.6% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 125.72% and total cumulative return in cash sums $77,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,326/mo property income instead of your personal income.
Single Family
Built in 1962
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24605, Bluefield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 2,811 (66.5%) |
| Renter Occupied HU | 798 (18.9%) |
| Vacant Housing Units | 616 (14.6%) |
| Median Home Value | $163,310 |
| Average Home Value | $214,692 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
3,766
Multi-Family
29
Businesses
410
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