508 Mason Court DrPearisburgVA24134
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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 Pearisburg at 508 Mason Court Dr, Pearisburg, VA, 24134 offers a 10.05% rental yield on a $319,000 purchase with $2,671/mo rent. Total monthly income registers $2,671/mo, and a $1,561/mo payment leaves $764/mo available for distribution. Annual cash flow reaches $9,173/yr on $105,749 to close, and return on cash invested stands at 28.58% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 149.09% and total cumulative return in cash at $157,657. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,671/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24134, Pearisburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,843 (67.1%) |
| Renter Occupied HU | 572 (20.8%) |
| Vacant Housing Units | 330 (12.0%) |
| Median Home Value | $195,471 |
| Average Home Value | $264,365 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,444
Multi-Family
79
Businesses
235
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Listed by: Chad Tickle • Long & Foster - Blacksburg
Mls Name: New River Valley AOR
Mls ID: #425358