241 Page Town RdSaltvilleVA24370
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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 Saltville at 241 Page Town Rd, Saltville, VA, 24370 with 5% annual appreciation on a $135,000 basis while $1,063/mo rent supports operations. Total monthly income totals $1,063/mo and a $661/mo payment preserves $256/mo for cash returns. Annual cash flow comes to $3,069/yr on $44,753 deployed, and return on cash invested reaches 26.77% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.45%. Five-year ROI measures 139.38% and total cumulative return in cash totals $62,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,063/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24370, Saltville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 1,930 (64.9%) |
| Renter Occupied HU | 487 (16.4%) |
| Vacant Housing Units | 556 (18.7%) |
| Median Home Value | $116,667 |
| Average Home Value | $157,013 |
Housing Distribution
Address Breakdown
Residential
2,486
Single Family
2,486
Multi-Family
0
Businesses
116
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