244 Ridge Top Dr, Rural Retreat, VA, 24368 | 4.53% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
748 sft

2517 Cedar Springs Rd, Sugar Grove, VA, 24375

2 Bed
1 Bath
728 sft

645 W North St, Wytheville, VA, 24382

3 Bed
1 Bath
1246 sft

3675 Railroad Trl, Bastian, VA, 24314

2 Bed
1 Bath
950 sft

317 Riverview Dr, Marion, VA, 24354

Nearby investment properties with comparable prices

2 Bed
3 Bath
1071 sft

265 N Church St, Marion, VA, 24354

2 Bed
3 Bath
1071 sft

267 N Church St, Marion, VA, 24354

2 Bed
2 Bath
1716 sft

1407 Prater Ln, Marion, VA, 24354

3 Bed
2 Bath
2098 sft

153 Wilden St, Marion, VA, 24354

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Rural Retreat at 244 Ridge Top Dr, Rural Retreat, VA, 24368 offers a 4.53% rental yield on a $349,500 purchase with $1,320/mo rent. 94% in year one. Equity gained on principal adds $2,255/yr while 5% annual appreciation supports $96,560 over five years. Portfolio math shows five-year ROI at 59.85% and total cumulative return in cash at $69,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $1,711/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2004

29.31 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 24368, Rural Retreat, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,379 (100%)
Owner Occupied HU	1,653 (69.5%)
Renter Occupied HU	379 (15.9%)
Vacant Housing Units	347 (14.6%)
Median Home Value	$169,596
Average Home Value	$220,800