257 Deer Ridge TrlTazewellVA24651
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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 Tazewell at 257 Deer Ridge Trl, Tazewell, VA, 24651 offers a 17.88% rental yield on a $142,500 purchase with $2,123/mo rent. Total monthly income registers $2,123/mo, and a $697/mo payment leaves $1,272/mo available for distribution. Annual cash flow reaches $15,259/yr on $47,239 to close, and return on cash invested stands at 52.21% in year one. Equity gained on principal adds $920/yr while 5% annual appreciation supports $39,370 over five years. Portfolio math shows five-year ROI at 275.81% and total cumulative return in cash at $130,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,123/mo property income against a $697/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24651, Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 1,689 (58.0%) |
| Renter Occupied HU | 724 (24.9%) |
| Vacant Housing Units | 499 (17.1%) |
| Median Home Value | $163,338 |
| Average Home Value | $199,870 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,520
Multi-Family
4
Businesses
320
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Listed by: David Vance • Kate Real Estate
Mls Name: SWVAR
Mls Provider:
Mls ID: #99755
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.