2153 Daniel Boone RdGate CityVA24251
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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 Gate City at 2153 Daniel Boone Rd, Gate City, VA, 24251 at $425,000 posts ROI 19.11% with from $2,447/mo rent. Total monthly income equals $2,447/mo. Return on cash invested measures 19.11% and rental yield reads 6.91% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 98.3% and total cumulative return in cash totals $138,497. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,447/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24251, Gate City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,593 (100%) |
| Owner Occupied HU | 2,921 (63.6%) |
| Renter Occupied HU | 847 (18.4%) |
| Vacant Housing Units | 825 (18.0%) |
| Median Home Value | $163,384 |
| Average Home Value | $224,870 |
Housing Distribution
Address Breakdown
Residential
4,126
Single Family
4,058
Multi-Family
68
Businesses
284
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