4365 Irish Mountain RdHiwasseeVA24347
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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 Hiwassee at 4365 Irish Mountain Rd, Hiwassee, VA, 24347 generates $2,675/mo in rent and, after a $1,910/mo payment, leaves $342/mo in cash flow. Total monthly income is $2,675/mo, and annual cash flow is $4,106/yr on $129,384 invested. Return on cash invested sits at 23.08% in year one, and rental yield is 8.22% on a $390,300 entry. Equity gained on principal adds $2,519/yr, while 5% annual appreciation builds toward $107,833 over five years. Five-year ROI reaches 119.62% and total cumulative return in cash sums $154,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,675/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24347, Hiwassee, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 621 (54.3%) |
| Renter Occupied HU | 117 (10.2%) |
| Vacant Housing Units | 406 (35.5%) |
| Median Home Value | $236,818 |
| Average Home Value | $342,279 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
803
Multi-Family
0
Businesses
14
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Listed by: Jennifer Breedlove • Mabry & Cox REALTORS
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424820
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.