3719 Red Hill RdGate CityVA24251
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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 Gate City at 3719 Red Hill Rd, Gate City, VA, 24251 earns $585/mo cash flow from $1,781/mo rent with a $979/mo payment. Total monthly income totals $1,781/mo, and annual cash flow totals $7,024/yr on $66,300 capital. ROI tracks 30.5% on current figures, and rental yield reads 10.69% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 159.43% and total cumulative return in cash sums $105,704. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,781/mo property income instead of your personal income.
Single Family
Built in 1919
68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24251, Gate City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,593 (100%) |
| Owner Occupied HU | 2,921 (63.6%) |
| Renter Occupied HU | 847 (18.4%) |
| Vacant Housing Units | 825 (18.0%) |
| Median Home Value | $163,384 |
| Average Home Value | $224,870 |
Housing Distribution
Address Breakdown
Residential
4,126
Single Family
4,058
Multi-Family
68
Businesses
284
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Listed by: Nichole Roberts • R-MAC Realty
Mls Name: TVRMLS
Mls ID: #9980416
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