28 Flatridge RdTroutdaleVA24378
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 Troutdale at 28 Flatridge Rd, Troutdale, VA, 24378 earns $372/mo cash flow from $1,615/mo rent with a $1,018/mo payment. Total monthly income totals $1,615/mo, and annual cash flow totals $4,460/yr on $68,952 capital. ROI tracks 26.38% on current figures, and rental yield reads 9.32% at a $208,000 purchase. Equity gained on principal adds $1,342/yr, and 5% annual appreciation supports $57,467 over five years. Five-year ROI reaches 137.28% and total cumulative return in cash sums $94,656. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,615/mo property income instead of your personal income.
Single Family
Built in 1901
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24378, Trout Dale, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 431 (53.4%) |
| Renter Occupied HU | 83 (10.3%) |
| Vacant Housing Units | 293 (36.3%) |
| Median Home Value | $163,929 |
| Average Home Value | $201,427 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices