3687 Ivanhoe RdIvanhoeVA24350
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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 Ivanhoe at 3687 Ivanhoe Rd, Ivanhoe, VA, 24350 listed at $208,900 pairs $1,455/mo rent with a $1,022/mo payment to leave $207/mo cash flow. Total monthly income runs $1,455/mo, and annual cash flow reaches $2,480/yr on $69,250 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 8.36% at a $208,900 basis. Equity gained on principal adds $1,348/yr, and annual property appreciation at 5% supports $57,715 by year five. Five-year ROI tracks 121.79% and total cumulative return in cash totals $84,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,455/mo property income relative to a $1,022/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24350, Ivanhoe, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 386 (64.2%) |
| Renter Occupied HU | 76 (12.6%) |
| Vacant Housing Units | 139 (23.1%) |
| Median Home Value | $106,466 |
| Average Home Value | $139,773 |
Housing Distribution
Address Breakdown
Residential
582
Single Family
582
Multi-Family
0
Businesses
15
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Listed by: Tana Woodyard • Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #421734
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