268 Virginia Heights RdPearisburgVA24134
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 Pearisburg at 268 Virginia Heights Rd, Pearisburg, VA, 24134 at $349,900 posts ROI 22.59% with $259/mo cash flow from $2,351/mo rent. Total monthly income equals $2,351/mo, and annual cash flow records $3,107/yr on $115,992 to close. Return on cash invested measures 22.59% and rental yield reads 8.06% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 116.92% and total cumulative return in cash totals $135,618.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,351/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24134, Pearisburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,843 (67.1%) |
| Renter Occupied HU | 572 (20.8%) |
| Vacant Housing Units | 330 (12.0%) |
| Median Home Value | $195,471 |
| Average Home Value | $264,365 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,444
Multi-Family
79
Businesses
235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Brown • RE/MAX 8 - Blacksburg
Mls Name: New River Valley AOR
Mls ID: #424746