271 Felts LnMax MeadowsVA24360
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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 Max Meadows at 271 Felts Ln, Max Meadows, VA, 24360 offers a 10.01% rental yield on a $215,000 purchase with $1,793/mo rent. Total monthly income registers $1,793/mo, and a $1,052/mo payment leaves $508/mo available for distribution. Annual cash flow reaches $6,097/yr on $71,273 to close, and return on cash invested stands at 28.46% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 148.52% and total cumulative return in cash at $105,853. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,793/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24360, Max Meadows, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,912 (69.7%) |
| Renter Occupied HU | 458 (16.7%) |
| Vacant Housing Units | 375 (13.7%) |
| Median Home Value | $208,901 |
| Average Home Value | $235,506 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
118
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Listed by: Christopher Fox • BHHS- Mountain Sky Properties, Wytheville
Mls Name: SWVAR
Mls Provider:
Mls ID: #97520
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.