220 Annie Ln SWFloydVA24091
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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 Floyd at 220 Annie Ln SW, Floyd, VA, 24091 offers a 2.26% rental yield on a $824,900 purchase with $1,556/mo rent. 14% in year one. Equity gained on principal adds $5,323/yr while 5% annual appreciation supports $227,905 over five years. Portfolio math shows five-year ROI at 23.33% and total cumulative return in cash at $63,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,556/mo property income against a $4,037/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
17.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24091, Floyd, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,796 (100%) |
| Owner Occupied HU | 2,507 (66.0%) |
| Renter Occupied HU | 760 (20.0%) |
| Vacant Housing Units | 529 (13.9%) |
| Median Home Value | $280,014 |
| Average Home Value | $309,658 |
Housing Distribution
Address Breakdown
Residential
3,379
Single Family
3,379
Multi-Family
0
Businesses
421
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