265 The Flats DrClintwoodVA24228
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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
Rental property for sale in Clintwood at 265 The Flats Dr, Clintwood, VA, 24228 priced at $119,000 converts $1,150/mo rent into $439/mo cash flow after a $582/mo obligation. Total monthly income equals $1,150/mo, and annual cash flow totals $5,269/yr on $39,449 invested. Return on cash invested prints 33.27% in year one, and rental yield reads 11.6% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. Five-year ROI reaches 174.32% and total cumulative return in cash sums $68,765. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,150/mo property income covering a $582/mo payment, not borrower’s personal income.
Single Family
Built in 1940
5.10 Acres lot
$N/A/sqft
No HOA
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Listed by: Luke Mullins • REMAX Cavaliers
Mls Name: TVRMLS
Mls ID: #9977088
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