3516 Goldleaf DrBig Stone GapVA24219
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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 Big Stone Gap at 3516 Goldleaf Dr, Big Stone Gap, VA, 24219 listed at $150,000 pairs $1,514/mo rent with a $734/mo payment to leave $618/mo cash flow. Total monthly income runs $1,514/mo, and annual cash flow reaches $7,410/yr on $49,725 cash to close. Return on cash invested measures 34.81% in year one, and rental yield registers 12.11% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 182.53% and total cumulative return in cash totals $90,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,514/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24219, Big Stone Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,606 (100%) |
| Owner Occupied HU | 2,809 (61.0%) |
| Renter Occupied HU | 1,142 (24.8%) |
| Vacant Housing Units | 655 (14.2%) |
| Median Home Value | $152,638 |
| Average Home Value | $183,368 |
Housing Distribution
Address Breakdown
Residential
4,108
Single Family
4,076
Multi-Family
32
Businesses
291
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Listed by: Elaine Lawson • Appalachian Realty Executives, LLC
Mls Name: TVRMLS
Mls ID: #9973119
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