263 Alto RdVesuviusVA24483
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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 Vesuvius at 263 Alto Rd, Vesuvius, VA, 24483 uses $116,025 cash to close to unlock $5,614/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $2,560/mo, and a $1,713/mo payment keeps the spread at $468/mo. Purchase price stands at $350,000, and rental yield measures 8.78% with $2,560/mo rent. Return on cash invested shows 24.75% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 128.51% and total cumulative return in cash records $149,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,560/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1981
7.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24483, Vesuvius, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 452 (100%) |
| Owner Occupied HU | 244 (54.0%) |
| Renter Occupied HU | 61 (13.5%) |
| Vacant Housing Units | 147 (32.5%) |
| Median Home Value | $271,429 |
| Average Home Value | $335,082 |
Housing Distribution
Address Breakdown
Residential
305
Single Family
305
Multi-Family
0
Businesses
14
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