341 Davis DrRinggoldVA24586
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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 Ringgold at 341 Davis Dr, Ringgold, VA, 24586 earns $1,300/mo cash flow from $2,077/mo rent with a $636/mo payment. Total monthly income totals $2,077/mo, and annual cash flow totals $15,602/yr on $43,095 capital. ROI tracks 56.11% on current figures, and rental yield reads 19.17% at a $129,999 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,916 over five years. Five-year ROI reaches 296.81% and total cumulative return in cash sums $127,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,077/mo property income instead of your personal income.
Single Family
Built in 1996
11.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24586, Ringgold, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,364 (100%) |
| Owner Occupied HU | 1,645 (69.6%) |
| Renter Occupied HU | 436 (18.4%) |
| Vacant Housing Units | 283 (12.0%) |
| Median Home Value | $159,621 |
| Average Home Value | $183,345 |
Housing Distribution
Address Breakdown
Residential
2,326
Single Family
2,326
Multi-Family
0
Businesses
94
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