3315 Woodland Dr SWRoanokeVA24015
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 Roanoke at 3315 Woodland Dr SW, Roanoke, VA, 24015 at $394,995 posts ROI 21.59% with $183/mo cash flow from $2,544/mo rent. Total monthly income equals $2,544/mo, and annual cash flow records $2,197/yr on $130,941 to close. Return on cash invested measures 21.59% and rental yield reads 7.73% at the current $394,995. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,130 by year five. Five-year ROI prints 111.59% and total cumulative return in cash totals $146,116.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,544/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24015, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,042 (100%) |
| Owner Occupied HU | 4,314 (53.6%) |
| Renter Occupied HU | 3,196 (39.7%) |
| Vacant Housing Units | 532 ( 6.6%) |
| Median Home Value | $301,665 |
| Average Home Value | $340,228 |
Housing Distribution
Address Breakdown
Residential
7,774
Single Family
6,755
Multi-Family
1,019
Businesses
534
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Nearby investment properties with comparable prices
Listed by: Shannon Hines • WAINWRIGHT & CO., REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #915929
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