4448 Pheasant Ridge Rd APT 307RoanokeVA24014
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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
Total monthly income runs $1,906/mo, and a $1,321/mo payment. Purchase price stands at $269,950, and rental yield measures 8.47% with $1,906/mo rent. Return on cash invested shows 18.67% in year one, and 5% annual appreciation builds toward $74,582 over five years. Five-year ROI reaches 97.81% and total cumulative return in cash records $87,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,906/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24014, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,130 (100%) |
| Owner Occupied HU | 5,019 (61.7%) |
| Renter Occupied HU | 2,509 (30.9%) |
| Vacant Housing Units | 602 ( 7.4%) |
| Median Home Value | $350,159 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
8,240
Single Family
6,803
Multi-Family
1,437
Businesses
620
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Listed by: Steven Lee • RED KEY REALTY INC
Mls Name: RVAR
Mls Provider:
Mls ID: #916675
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