2254 Ringgold Church RdRinggoldVA24586
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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 Ringgold at 2254 Ringgold Church Rd, Ringgold, VA, 24586 generates $0/mo in rent, after a $1,610/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.73% in year one, and rental yield is 0% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24586, Ringgold, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,364 (100%) |
| Owner Occupied HU | 1,645 (69.6%) |
| Renter Occupied HU | 436 (18.4%) |
| Vacant Housing Units | 283 (12.0%) |
| Median Home Value | $159,621 |
| Average Home Value | $183,345 |
Housing Distribution
Address Breakdown
Residential
2,326
Single Family
2,326
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Genna Dickinson • RAMSEY YEATTS & ASSOCIATES, REALTORS
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74519
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