3849 Nealy RdgClinchcoVA24226
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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
Rental property for sale in Clinchco at 3849 Nealy Rdg, Clinchco, VA, 24226 generates $949/mo in rent and, after a $611/mo payment, leaves $203/mo in cash flow. Total monthly income is $949/mo, and annual cash flow is $2,432/yr on $41,404 invested. Return on cash invested sits at 25.78% in year one, and rental yield is 9.12% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 134.1% and total cumulative return in cash sums $55,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $949/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
12 Acres lot
$N/A/sqft
No HOA
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Listed by: Michelle Childress • Appalachian Realty Executives, LLC
Mls Name: TVRMLS
Mls ID: #9984609
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