4902 Old Mountain Rd NERoanokeVA24019
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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 Roanoke at 4902 Old Mountain Rd NE, Roanoke, VA, 24019 generates $2,094/mo in rent and, after a $1,272/mo payment, leaves $540/mo in cash flow. Total monthly income is $2,094/mo, and annual cash flow is $6,485/yr on $86,173 invested. Return on cash invested sits at 27.43% in year one, and rental yield is 9.67% on a $259,950 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,819 over five years. Five-year ROI reaches 142.95% and total cumulative return in cash sums $123,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,094/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24019, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,090 (100%) |
| Owner Occupied HU | 9,043 (74.8%) |
| Renter Occupied HU | 2,470 (20.4%) |
| Vacant Housing Units | 577 ( 4.8%) |
| Median Home Value | $274,588 |
| Average Home Value | $316,585 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,366
Multi-Family
734
Businesses
873
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