285 Dixon DrHardyVA24101
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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 Hardy at 285 Dixon Dr, Hardy, VA, 24101 earns from $3,181/mo rent with a $3,842/mo payment. Total monthly income totals $3,181/mo. ROI tracks 13.04% on current figures, and rental yield reads 4.86% at a $785,000 purchase. Equity gained on principal adds $5,065/yr, and 5% annual appreciation supports $216,881 over five years. Five-year ROI reaches 65.68% and total cumulative return in cash sums $169,634. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,181/mo property income instead of your personal income.
Single Family
Built in 2000
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24101, Hardy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,436 (78.5%) |
| Renter Occupied HU | 265 ( 8.5%) |
| Vacant Housing Units | 402 (13.0%) |
| Median Home Value | $362,342 |
| Average Home Value | $426,026 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
250
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Listed by: NORM PULLEN • KELLER WILLIAMS REALTY ROANOKE
Mls Name: RVAR
Mls Provider:
Mls ID: #917976
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