23613 Botetourt RdEagle RockVA24085
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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 Eagle Rock at 23613 Botetourt Rd, Eagle Rock, VA, 24085 generates $1,035/mo in rent and, after a $636/mo payment, leaves $258/mo in cash flow. Total monthly income is $1,035/mo, and annual cash flow is $3,099/yr on $43,078 invested. Return on cash invested sits at 27.1% in year one, and rental yield is 9.56% on a $129,950 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,903 over five years. Five-year ROI reaches 141.26% and total cumulative return in cash sums $60,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,035/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24085, Eagle Rock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 797 (66.1%) |
| Renter Occupied HU | 92 ( 7.6%) |
| Vacant Housing Units | 316 (26.2%) |
| Median Home Value | $209,954 |
| Average Home Value | $229,749 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
26
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Listed by: TAMMY L RICKMAN • RICKMAN REALTY LLC
Mls Name: RVAR
Mls ID: #920761