3785 Fairway View DrRinerVA24149
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 Riner at 3785 Fairway View Dr, Riner, VA, 24149 listed at $416,000 pairs $2,450/mo rent with a $2,036/mo payment. Total monthly income runs $2,450/mo. Return on cash invested measures 18.28% in year one, and rental yield registers 7.07% at a $416,000 basis. Equity gained on principal adds $2,684/yr, and annual property appreciation at 5% supports $114,933 by year five. Five-year ROI tracks 94.34% and total cumulative return in cash totals $130,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,450/mo property income relative to a $2,036/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
6,621 sqft lot
$N/A/sqft
$1,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24149, Riner, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,170 (79.0%) |
| Renter Occupied HU | 169 (11.4%) |
| Vacant Housing Units | 142 ( 9.6%) |
| Median Home Value | $347,198 |
| Average Home Value | $361,970 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Scalise • Alumni Real Estate
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424606
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.