324 Springbud RdFancy GapVA24328
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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 Fancy Gap at 324 Springbud Rd, Fancy Gap, VA, 24328 with 5% annual appreciation on a $317,000 basis while $1,397/mo rent supports operations. 22% in year one. Equity gained on principal adds $2,046/yr, and five-year appreciation sums $87,581 alongside rental yield of 5.29%. Five-year ROI measures 72.06% and total cumulative return in cash totals $75,729. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,397/mo property income versus a $1,552/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
5.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24328, Fancy Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 774 (44.9%) |
| Renter Occupied HU | 160 ( 9.3%) |
| Vacant Housing Units | 791 (45.9%) |
| Median Home Value | $166,296 |
| Average Home Value | $202,775 |
Housing Distribution
Address Breakdown
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
64
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