2311 Blacksburg RdFincastleVA24090
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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 Fincastle at 2311 Blacksburg Rd, Fincastle, VA, 24090 at $799,950 posts ROI 12.29% with from $3,077/mo rent. Total monthly income equals $3,077/mo. Return on cash invested measures 12.29% and rental yield reads 4.62% at the current $799,950. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,011 by year five. Five-year ROI prints 61.67% and total cumulative return in cash totals $162,304. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,077/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
7.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24090, Fincastle, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,242 (100%) |
| Owner Occupied HU | 1,723 (76.9%) |
| Renter Occupied HU | 299 (13.3%) |
| Vacant Housing Units | 220 ( 9.8%) |
| Median Home Value | $375,836 |
| Average Home Value | $433,817 |
Housing Distribution
Address Breakdown
Residential
1,835
Single Family
1,835
Multi-Family
0
Businesses
140
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