420 Riverview RdMax MeadowsVA24350
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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 Max Meadows at 420 Riverview Rd, Max Meadows, VA, 24350 priced at $339,000 converts $0/mo rent into after a $1,659/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.73% in year one, and rental yield reads 0% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 2010
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24350, Ivanhoe, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 386 (64.2%) |
| Renter Occupied HU | 76 (12.6%) |
| Vacant Housing Units | 139 (23.1%) |
| Median Home Value | $106,466 |
| Average Home Value | $139,773 |
Housing Distribution
Address Breakdown
Residential
582
Single Family
582
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ryan Cummins • Keller Williams Realty Roanoke
Mls Name: SWVAR
Mls Provider:
Mls ID: #99589
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