5128 Plantation Grove LnRoanokeVA24012
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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 5128 Plantation Grove Ln, Roanoke, VA, 24012 priced at $560,000 pairs $3,568/mo rent with $210/mo cash flow after a $2,741/mo payment. Total monthly income equals $3,568/mo, and annual cash flow comes to $2,519/yr on $184,240 invested. Return on cash invested is 21.43% in year one, and rental yield stands at 7.65% on a $560,000 basis. Equity gained on principal adds $3,614/yr, and 5% annual appreciation accumulates to $154,718 by year five. Five-year ROI measures 110.69% and total cumulative return in cash reaches $203,933. For financing, Ziffy Mortgage’s DSCR program evaluates $3,568/mo property income against a $2,741/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.34 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24012, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,046 (100%) |
| Owner Occupied HU | 7,442 (53.0%) |
| Renter Occupied HU | 5,506 (39.2%) |
| Vacant Housing Units | 1,098 ( 7.8%) |
| Median Home Value | $226,162 |
| Average Home Value | $283,920 |
Housing Distribution
Address Breakdown
Residential
13,750
Single Family
11,722
Multi-Family
2,028
Businesses
1,260
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Listed by: Heather Leffell Jones • REAL BROKER LLC - MCLEAN
Mls Name: RVAR
Mls Provider:
Mls ID: #915529
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