4357 Plank RdNatural BridgeVA24578
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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 Natural Bridge at 4357 Plank Rd, Natural Bridge, VA, 24578 generates $3,077/mo in rent, after a $3,030/mo payment. Total monthly income is $3,077/mo. Return on cash invested sits at 16.39% in year one, and rental yield is 5.97% on a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation builds toward $171,018 over five years. Five-year ROI reaches 83.65% and total cumulative return in cash sums $170,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,077/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
10.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24578, Natural Bridge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 406 (72.0%) |
| Renter Occupied HU | 104 (18.4%) |
| Vacant Housing Units | 54 ( 9.6%) |
| Median Home Value | $283,333 |
| Average Home Value | $469,378 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
45
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Listed by: Audrea Carmer • Forest River Realty
Mls Name: Rockbridge Highlands REALTORS
Mls ID: #139667