447 Old Airport RdChilhowieVA24319
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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 Chilhowie at 447 Old Airport Rd, Chilhowie, VA, 24319 with 5% annual appreciation on a $134,900 basis while $0/mo rent supports operations. 72% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,270 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1985
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24319, Chilhowie, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,287 (100%) |
| Owner Occupied HU | 2,145 (65.3%) |
| Renter Occupied HU | 694 (21.1%) |
| Vacant Housing Units | 448 (13.6%) |
| Median Home Value | $172,189 |
| Average Home Value | $204,587 |
Housing Distribution
Address Breakdown
Residential
2,644
Single Family
2,644
Multi-Family
0
Businesses
154
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