222 Cove Mountain Ln,Buchanan,VA,24066

Investment Highlights

Investment property for sale in Buchanan at 222 Cove Mountain Ln, Buchanan, VA, 24066 offers a 9.07% rental yield on a $145,000 purchase with $1,096/mo rent. Total monthly income registers $1,096/mo, and a $710/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,747/yr on $48,068 to close, and return on cash invested stands at 25.62% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 133.2% and total cumulative return in cash at $64,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,096/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.