2810 Old Forge RdCallawayVA24067
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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 Callaway at 2810 Old Forge Rd, Callaway, VA, 24067 earns from $1,349/mo rent with a $1,297/mo payment. Total monthly income totals $1,349/mo. ROI tracks 16.7% on current figures, and rental yield reads 6.11% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 85.34% and total cumulative return in cash sums $74,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,349/mo property income instead of your personal income.
Manufactured
Built in 2001
7.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24067, Callaway, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 795 (71.8%) |
| Renter Occupied HU | 159 (14.4%) |
| Vacant Housing Units | 154 (13.9%) |
| Median Home Value | $302,049 |
| Average Home Value | $352,484 |
Housing Distribution
Address Breakdown
Residential
963
Single Family
963
Multi-Family
0
Businesses
31
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Nearby investment properties with comparable prices
Listed by: Damon Jonathan Gettier • REAL BROKER LLC - DGA-SALEM
Mls Name: RVAR
Mls Provider:
Mls ID: #918570
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