221 Surface DrTazewellVA24651
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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 Tazewell at 221 Surface Dr, Tazewell, VA, 24651 generates $1,548/mo in rent and, after a $978/mo payment, leaves $353/mo in cash flow. Total monthly income is $1,548/mo, and annual cash flow is $4,241/yr on $66,267 invested. Return on cash invested sits at 26.31% in year one, and rental yield is 9.29% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 136.9% and total cumulative return in cash sums $90,721. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,548/mo property income rather than buyer’s personal income.
Single Family
Built in 1860
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24651, Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 1,689 (58.0%) |
| Renter Occupied HU | 724 (24.9%) |
| Vacant Housing Units | 499 (17.1%) |
| Median Home Value | $163,338 |
| Average Home Value | $199,870 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,520
Multi-Family
4
Businesses
320
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