4893 Lee HwyTroutvilleVA24175
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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 Troutville at 4893 Lee Hwy, Troutville, VA, 24175 generates $1,651/mo in rent and, after a $734/mo payment, leaves $755/mo in cash flow. Total monthly income is $1,651/mo, and annual cash flow is $9,054/yr on $49,723 invested. Return on cash invested sits at 38.12% in year one, and rental yield is 13.21% on a $149,995 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,441 over five years. Five-year ROI reaches 200.27% and total cumulative return in cash sums $99,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,651/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24175, Troutville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,623 (79.9%) |
| Renter Occupied HU | 448 (13.6%) |
| Vacant Housing Units | 212 ( 6.5%) |
| Median Home Value | $343,356 |
| Average Home Value | $412,316 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,393
Multi-Family
0
Businesses
158
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Listed by: ADAM STEPHENSON • RE/MAX ALL STARS
Mls Name: RVAR
Mls ID: #921520