2511 Mount Pleasant Church RdFincastleVA24090
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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 Fincastle at 2511 Mount Pleasant Church Rd, Fincastle, VA, 24090 uses $77,604 cash to close to unlock $14,369/yr annual cash flow and $1,197/mo monthly cash flow. Total monthly income runs $2,597/mo, and a $1,146/mo payment keeps the spread at $1,197/mo. Purchase price stands at $234,100, and rental yield measures 13.31% with $2,597/mo rent. Return on cash invested shows 38.42% in year one, and 5% annual appreciation builds toward $64,678 over five years. Five-year ROI reaches 201.88% and total cumulative return in cash records $156,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,597/mo property income covering a $1,146/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24090, Fincastle, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,242 (100%) |
| Owner Occupied HU | 1,723 (76.9%) |
| Renter Occupied HU | 299 (13.3%) |
| Vacant Housing Units | 220 ( 9.8%) |
| Median Home Value | $375,836 |
| Average Home Value | $433,817 |
Housing Distribution
Address Breakdown
Residential
1,835
Single Family
1,835
Multi-Family
0
Businesses
140
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