305 9th StVintonVA24179
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
Rental property for sale in Vinton at 305 9th St, Vinton, VA, 24179 priced at $249,950 pairs $1,812/mo rent with $318/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,812/mo, and annual cash flow comes to $3,819/yr on $82,858 invested. Return on cash invested is 24.52% in year one, and rental yield stands at 8.7% on a $249,950 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,057 by year five. Five-year ROI measures 127.31% and total cumulative return in cash reaches $105,486. For financing, Ziffy Mortgage’s DSCR program evaluates $1,812/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24179, Vinton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,720 (100%) |
| Owner Occupied HU | 6,111 (70.1%) |
| Renter Occupied HU | 2,125 (24.4%) |
| Vacant Housing Units | 484 ( 5.6%) |
| Median Home Value | $272,333 |
| Average Home Value | $313,882 |
Housing Distribution
Address Breakdown
Residential
8,576
Single Family
7,983
Multi-Family
593
Businesses
608
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Nearby investment properties with comparable prices
Listed by: Bradley Victor Thomas • MOUNTAIN VIEW REAL ESTATE LLC
Mls Name: RVAR
Mls Provider:
Mls ID: #915477
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