3175 Tip Top Rd NTazewellVA24651
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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
Investment property for sale in Tazewell at 3175 Tip Top Rd N, Tazewell, VA, 24651 listed at $160,000 pairs $660/mo rent with a $783/mo payment. Total monthly income runs $660/mo. Return on cash invested measures 13.2% in year one, and rental yield registers 4.95% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 66.63% and total cumulative return in cash totals $35,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $660/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24651, Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 1,689 (58.0%) |
| Renter Occupied HU | 724 (24.9%) |
| Vacant Housing Units | 499 (17.1%) |
| Median Home Value | $163,338 |
| Average Home Value | $199,870 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,520
Multi-Family
4
Businesses
320
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