375 Barberry Rd SEFloydVA24091
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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 Floyd at 375 Barberry Rd SE, Floyd, VA, 24091 uses $36,465 cash to close to unlock $2,614/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $875/mo, and a $538/mo payment keeps the spread at $218/mo. Purchase price stands at $110,000, and rental yield measures 9.55% with $875/mo rent. Return on cash invested shows 27.08% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 141.01% and total cumulative return in cash records $51,420. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $875/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24091, Floyd, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,796 (100%) |
| Owner Occupied HU | 2,507 (66.0%) |
| Renter Occupied HU | 760 (20.0%) |
| Vacant Housing Units | 529 (13.9%) |
| Median Home Value | $280,014 |
| Average Home Value | $309,658 |
Housing Distribution
Address Breakdown
Residential
3,379
Single Family
3,379
Multi-Family
0
Businesses
421
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