42 Springview CtTroutvilleVA24175
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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 Troutville at 42 Springview Ct, Troutville, VA, 24175 offers a 10.09% rental yield on a $419,000 purchase with $3,522/mo rent. Total monthly income registers $3,522/mo, and a $2,051/mo payment leaves $1,017/mo available for distribution. Annual cash flow reaches $12,205/yr on $138,899 to close, and return on cash invested stands at 28.7% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 149.72% and total cumulative return in cash at $207,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,522/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24175, Troutville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,623 (79.9%) |
| Renter Occupied HU | 448 (13.6%) |
| Vacant Housing Units | 212 ( 6.5%) |
| Median Home Value | $343,356 |
| Average Home Value | $412,316 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,393
Multi-Family
0
Businesses
158
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Listed by: DAYNA R PATRICK • RE/MAX ALL STARS
Mls Name: RVAR
Mls ID: #922617