216 Windward Dr SWRoanokeVA24014
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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 Roanoke at 216 Windward Dr SW, Roanoke, VA, 24014 at $377,400 posts ROI 23.24% with $347/mo cash flow from $2,603/mo rent. Total monthly income equals $2,603/mo, and annual cash flow records $4,166/yr on $125,108 to close. Return on cash invested measures 23.24% and rental yield reads 8.28% at the current $377,400. Equity gained on principal adds $2,435/yr, and 5% annual appreciation supports $104,269 by year five. Five-year ROI prints 120.44% and total cumulative return in cash totals $150,684.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,603/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24014, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,130 (100%) |
| Owner Occupied HU | 5,019 (61.7%) |
| Renter Occupied HU | 2,509 (30.9%) |
| Vacant Housing Units | 602 ( 7.4%) |
| Median Home Value | $350,159 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
8,240
Single Family
6,803
Multi-Family
1,437
Businesses
620
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