232 Konnarock RdTroutdaleVA24378
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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 Troutdale at 232 Konnarock Rd, Troutdale, VA, 24378 offers a 9.49% rental yield on a $109,999 purchase with $870/mo rent. Total monthly income registers $870/mo, and a $538/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,554/yr on $36,465 to close, and return on cash invested stands at 26.91% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 140.12% and total cumulative return in cash at $51,095. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $870/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24378, Trout Dale, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 431 (53.4%) |
| Renter Occupied HU | 83 (10.3%) |
| Vacant Housing Units | 293 (36.3%) |
| Median Home Value | $163,929 |
| Average Home Value | $201,427 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
28
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Listed by: Maxwell Yates • Matt Smith Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #95553
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.