3878 Airport RdHillsvilleVA24343
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 Hillsville at 3878 Airport Rd, Hillsville, VA, 24343 offers $767/mo rent that, after a $489/mo payment, leaves $170/mo cash flow. Total monthly income is $767/mo, and annual cash flow is $2,036/yr on $33,150 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 9.2% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 135.54% and total cumulative return in cash reaches $44,932. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $767/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24343, Hillsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 2,945 (58.6%) |
| Renter Occupied HU | 978 (19.5%) |
| Vacant Housing Units | 1,103 (21.9%) |
| Median Home Value | $159,099 |
| Average Home Value | $200,289 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,786
Multi-Family
96
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashlynn Roberts • Alex Lineberry Team of Keller Williams Roanoke
Mls Name: SWVAR
Mls Provider:
Mls ID: #95632
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.