250 Cockerham LoopGalaxVA24333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Galax at 250 Cockerham Loop, Galax, VA, 24333 at $194,900 posts ROI 30.07% with $547/mo cash flow from $1,712/mo rent. Total monthly income equals $1,712/mo, and annual cash flow records $6,562/yr on $64,609 to close. Return on cash invested measures 30.07% and rental yield reads 10.54% at the current $194,900. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 by year five. Five-year ROI prints 157.04% and total cumulative return in cash totals $101,463.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,712/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24333, Galax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 5,415 (61.3%) |
| Renter Occupied HU | 1,976 (22.4%) |
| Vacant Housing Units | 1,447 (16.4%) |
| Median Home Value | $157,744 |
| Average Home Value | $201,998 |
Housing Distribution
Address Breakdown
Residential
8,041
Single Family
7,799
Multi-Family
242
Businesses
670
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices