299 Duff StPennington GapVA24277
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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 Pennington Gap at 299 Duff St, Pennington Gap, VA, 24277 generates $1,259/mo in rent and, after a $778/mo payment, leaves $309/mo in cash flow. Total monthly income is $1,259/mo, and annual cash flow is $3,705/yr on $52,709 invested. Return on cash invested sits at 26.94% in year one, and rental yield is 9.5% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 140.29% and total cumulative return in cash sums $73,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24277, Pennington Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 1,492 (55.5%) |
| Renter Occupied HU | 759 (28.3%) |
| Vacant Housing Units | 435 (16.2%) |
| Median Home Value | $96,667 |
| Average Home Value | $164,635 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,222
Multi-Family
77
Businesses
208
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Listed by: Tim Gardner • Century 21 Bennett & Edwards
Mls Name: TVRMLS
Mls ID: #9988660