218 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
Rental property for sale in Roanoke at 218 Windward Dr SW, Roanoke, VA, 24014 priced at $317,950 pairs $1,340/mo rent with after a $1,556/mo payment. Total monthly income equals $1,340/mo. Return on cash invested is 7.7% in year one, and rental yield stands at 5.06% on a $317,950 basis. Equity gained on principal adds $2,052/yr, and 5% annual appreciation accumulates to $87,844 by year five. Five-year ROI measures 39.22% and total cumulative return in cash reaches $41,335. For financing, Ziffy Mortgage’s DSCR program evaluates $1,340/mo property income against a $1,556/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$512 monthly 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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Listed by: Angela Jane Batey • WAINWRIGHT & CO., REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #915450
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