2952 Tree Swallow RdRoanokeVA24018
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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
Rental property for sale in Roanoke at 2952 Tree Swallow Rd, Roanoke, VA, 24018 priced at $229,535 converts $1,974/mo rent into $602/mo cash flow after a $1,123/mo obligation. Total monthly income equals $1,974/mo, and annual cash flow totals $7,228/yr on $76,091 invested. Return on cash invested prints 29.41% in year one, and rental yield reads 10.32% against a $229,535 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation compiles into $63,416 by year five. Five-year ROI reaches 153.55% and total cumulative return in cash sums $116,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,974/mo property income covering a $1,123/mo payment, not borrower’s personal income.
Townhouse
Built in 1980
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24018, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,125 (100%) |
| Owner Occupied HU | 12,406 (68.4%) |
| Renter Occupied HU | 4,608 (25.4%) |
| Vacant Housing Units | 1,111 ( 6.1%) |
| Median Home Value | $361,586 |
| Average Home Value | $429,725 |
Housing Distribution
Address Breakdown
Residential
17,942
Single Family
14,495
Multi-Family
3,447
Businesses
1,677
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