3808 Oldtown RdShawsvilleVA24162
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
Rental property for sale in Shawsville at 3808 Oldtown Rd, Shawsville, VA, 24162 priced at $360,000 pairs $2,179/mo rent with $27/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,179/mo, and annual cash flow comes to $324/yr on $119,340 invested. Return on cash invested is 20.18% in year one, and rental yield stands at 7.26% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 104% and total cumulative return in cash reaches $124,113. For financing, Ziffy Mortgage’s DSCR program evaluates $2,179/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24162, Shawsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,035 (100%) |
| Owner Occupied HU | 682 (65.9%) |
| Renter Occupied HU | 221 (21.4%) |
| Vacant Housing Units | 132 (12.8%) |
| Median Home Value | $193,056 |
| Average Home Value | $262,812 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
883
Multi-Family
0
Businesses
43
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Listed by: TRAVIS HILL • KEYSTONE REALTY OF ROANOKE LLC
Mls Name: RVAR
Mls ID: #923864