5139 Remington RdRoanokeVA24018
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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 5139 Remington Rd, Roanoke, VA, 24018 uses $210,527 cash to close to unlock $2,985/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $4,074/mo, and a $3,132/mo payment keeps the spread at $249/mo. Purchase price stands at $639,900, and rental yield measures 7.64% with $4,074/mo rent. Return on cash invested shows 21.48% in year one, and 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 110.94% and total cumulative return in cash records $233,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,074/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.43 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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