501 S Main StRural RetreatVA24368
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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 Rural Retreat at 501 S Main St, Rural Retreat, VA, 24368 earns $636/mo cash flow from $1,951/mo rent with a $1,077/mo payment. Total monthly income totals $1,951/mo, and annual cash flow totals $7,628/yr on $72,930 capital. ROI tracks 30.37% on current figures, and rental yield reads 10.64% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 158.67% and total cumulative return in cash sums $115,715. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,951/mo property income instead of your personal income.
Single Family
Built in 1940
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24368, Rural Retreat, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,379 (100%) |
| Owner Occupied HU | 1,653 (69.5%) |
| Renter Occupied HU | 379 (15.9%) |
| Vacant Housing Units | 347 (14.6%) |
| Median Home Value | $169,596 |
| Average Home Value | $220,800 |
Housing Distribution
Address Breakdown
Residential
1,934
Single Family
1,934
Multi-Family
0
Businesses
102
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Listed by: Philip Beaver • BHHS- Mountain Sky Properties, Wytheville
Mls Name: SWVAR
Mls ID: #104030