2171 N Scenic HwyBlandVA24315
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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 Bland at 2171 N Scenic Hwy, Bland, VA, 24315 earns from $1,216/mo rent with a $1,028/mo payment. Total monthly income totals $1,216/mo. ROI tracks 19.23% on current figures, and rental yield reads 6.95% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 98.95% and total cumulative return in cash sums $68,884. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,216/mo property income instead of your personal income.
Manufactured
Built in 2011
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24315, Bland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 983 (69.6%) |
| Renter Occupied HU | 193 (13.7%) |
| Vacant Housing Units | 237 (16.8%) |
| Median Home Value | $203,814 |
| Average Home Value | $251,289 |
Housing Distribution
Address Breakdown
Residential
1,192
Single Family
1,192
Multi-Family
0
Businesses
84
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Listed by: Joseph Dykes • Berkshire Hathaway Home Services Mountain Sky Properties-Bland
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424966
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.