297 Grange Hall RdTroutdaleVA24378
Nearby investment properties with comparable rents
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 Troutdale at 297 Grange Hall Rd, Troutdale, VA, 24378 offers a 7.91% rental yield on a $274,900 purchase with $1,812/mo rent. Total monthly income registers $1,812/mo, and a $1,346/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,030/yr on $91,129 to close, and return on cash invested stands at 22.14% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 114.54% and total cumulative return in cash at $104,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,812/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24378, Trout Dale, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 431 (53.4%) |
| Renter Occupied HU | 83 (10.3%) |
| Vacant Housing Units | 293 (36.3%) |
| Median Home Value | $163,929 |
| Average Home Value | $201,427 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
28
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