2818 Dungannon RdCoeburnVA24230
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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 Coeburn at 2818 Dungannon Rd, Coeburn, VA, 24230 uses $72,897 cash to close to unlock $4,701/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $1,706/mo, and a $1,076/mo payment keeps the spread at $392/mo. Purchase price stands at $219,900, and rental yield measures 9.31% with $1,706/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 137.16% and total cumulative return in cash records $99,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,706/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1966
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24230, Coeburn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,868 (100%) |
| Owner Occupied HU | 2,358 (61.0%) |
| Renter Occupied HU | 750 (19.4%) |
| Vacant Housing Units | 760 (19.6%) |
| Median Home Value | $139,552 |
| Average Home Value | $167,802 |
Housing Distribution
Address Breakdown
Residential
2,687
Single Family
2,665
Multi-Family
22
Businesses
149
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