2835 Envoy DrRoanokeVA24019
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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 Roanoke at 2835 Envoy Dr, Roanoke, VA, 24019 listed at $279,950 pairs $1,951/mo rent with a $1,370/mo payment to leave $278/mo cash flow. Total monthly income runs $1,951/mo, and annual cash flow reaches $3,333/yr on $92,803 cash to close. Return on cash invested measures 23.5% in year one, and rental yield registers 8.36% at a $279,950 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,345 by year five. Five-year ROI tracks 121.82% and total cumulative return in cash totals $113,057. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,951/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
5,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24019, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,090 (100%) |
| Owner Occupied HU | 9,043 (74.8%) |
| Renter Occupied HU | 2,470 (20.4%) |
| Vacant Housing Units | 577 ( 4.8%) |
| Median Home Value | $274,588 |
| Average Home Value | $316,585 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,366
Multi-Family
734
Businesses
873
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