2644 Willowlawn StRoanokeVA24018
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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 Roanoke at 2644 Willowlawn St, Roanoke, VA, 24018 listed at $499,950 pairs $3,941/mo rent with a $2,447/mo payment to leave $952/mo cash flow. Total monthly income runs $3,941/mo, and annual cash flow reaches $11,429/yr on $165,733 cash to close. Return on cash invested measures 26.8% in year one, and rental yield registers 9.46% at a $499,950 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,127 by year five. Five-year ROI tracks 139.55% and total cumulative return in cash totals $231,280. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,941/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24018, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,125 (100%) |
| Owner Occupied HU | 12,406 (68.4%) |
| Renter Occupied HU | 4,608 (25.4%) |
| Vacant Housing Units | 1,111 ( 6.1%) |
| Median Home Value | $361,586 |
| Average Home Value | $429,725 |
Housing Distribution
Address Breakdown
Residential
17,942
Single Family
14,495
Multi-Family
3,447
Businesses
1,677
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