301 Roberts StAppalachiaVA24216
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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 Appalachia at 301 Roberts St, Appalachia, VA, 24216 at $150,000 posts ROI 26.73% with $283/mo cash flow from $1,179/mo rent. Total monthly income equals $1,179/mo, and annual cash flow records $3,390/yr on $49,725 to close. Return on cash invested measures 26.73% and rental yield reads 9.43% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 139.16% and total cumulative return in cash totals $69,198.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,179/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24216, Appalachia, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 728 (59.7%) |
| Renter Occupied HU | 308 (25.3%) |
| Vacant Housing Units | 183 (15.0%) |
| Median Home Value | $66,765 |
| Average Home Value | $171,978 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
976
Multi-Family
36
Businesses
61
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Listed by: Brenda Hill • Appalachian Realty Executives, LLC
Mls Name: TVRMLS
Mls ID: #9988415