2597 Prices Bluff RdEagle RockVA24085
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 Eagle Rock at 2597 Prices Bluff Rd, Eagle Rock, VA, 24085 uses $145,529 cash to close to unlock $449/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $2,662/mo, and a $2,149/mo payment keeps the spread at $37/mo. Purchase price stands at $439,000, and rental yield measures 7.28% with $2,662/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 104.23% and total cumulative return in cash records $151,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,662/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 1984
19.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24085, Eagle Rock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 797 (66.1%) |
| Renter Occupied HU | 92 ( 7.6%) |
| Vacant Housing Units | 316 (26.2%) |
| Median Home Value | $209,954 |
| Average Home Value | $229,749 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
26
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Listed by: DAYNA R PATRICK • RE/MAX ALL STARS
Mls Name: RVAR
Mls Provider:
Mls ID: #918221
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