4919 Colonial AveRoanokeVA24018
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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 Roanoke at 4919 Colonial Ave, Roanoke, VA, 24018 listed at $391,000 pairs $2,448/mo rent with a $1,914/mo payment to leave $95/mo cash flow. Total monthly income runs $2,448/mo, and annual cash flow reaches $1,141/yr on $129,617 cash to close. Return on cash invested measures 20.79% in year one, and rental yield registers 7.51% at a $391,000 basis. Equity gained on principal adds $2,523/yr, and annual property appreciation at 5% supports $108,026 by year five. Five-year ROI tracks 107.36% and total cumulative return in cash totals $139,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,448/mo property income relative to a $1,914/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24018, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,125 (100%) |
| Owner Occupied HU | 12,406 (68.4%) |
| Renter Occupied HU | 4,608 (25.4%) |
| Vacant Housing Units | 1,111 ( 6.1%) |
| Median Home Value | $361,586 |
| Average Home Value | $429,725 |
Housing Distribution
Address Breakdown
Residential
17,942
Single Family
14,495
Multi-Family
3,447
Businesses
1,677
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Listed by: NORM PULLEN • KELLER WILLIAMS REALTY ROANOKE
Mls Name: RVAR
Mls Provider:
Mls ID: #919370
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