300 White Oak RdBoones MillVA24065
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 Boones Mill at 300 White Oak Rd, Boones Mill, VA, 24065 at $230,000 posts ROI 33.28% with $850/mo cash flow from $2,225/mo rent. Total monthly income equals $2,225/mo, and annual cash flow records $10,198/yr on $76,245 to close. Return on cash invested measures 33.28% and rental yield reads 11.61% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 174.28% and total cumulative return in cash totals $132,883.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,225/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2008
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24065, Boones Mill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,858 (100%) |
| Owner Occupied HU | 2,212 (77.4%) |
| Renter Occupied HU | 422 (14.8%) |
| Vacant Housing Units | 224 ( 7.8%) |
| Median Home Value | $270,660 |
| Average Home Value | $341,247 |
Housing Distribution
Address Breakdown
Residential
2,648
Single Family
2,648
Multi-Family
0
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JOHN HAWKS • ADVANTAGE REALTY LLC
Mls Name: RVAR
Mls ID: #921768