3433 Courtland Rd NWRoanokeVA24012
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 3433 Courtland Rd NW, Roanoke, VA, 24012 earns $546/mo cash flow from $2,112/mo rent with a $1,223/mo payment. Total monthly income totals $2,112/mo, and annual cash flow totals $6,549/yr on $82,858 capital. ROI tracks 27.81% on current figures, and rental yield reads 10.14% at a $249,950 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,057 over five years. Five-year ROI reaches 145.34% and total cumulative return in cash sums $120,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,112/mo property income instead of your personal income.
Single Family
Built in 1941
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24012, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,046 (100%) |
| Owner Occupied HU | 7,442 (53.0%) |
| Renter Occupied HU | 5,506 (39.2%) |
| Vacant Housing Units | 1,098 ( 7.8%) |
| Median Home Value | $226,162 |
| Average Home Value | $283,920 |
Housing Distribution
Address Breakdown
Residential
13,750
Single Family
11,722
Multi-Family
2,028
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Austin Bousman • Re/Max All Stars Realty
Mls Name: LMLS
Mls Provider:
Mls ID: #360035
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.