520 Riverland Rd SERoanokeVA24014
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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 520 Riverland Rd SE, Roanoke, VA, 24014 at $224,950 posts ROI 19.04% with from $1,291/mo rent. Total monthly income equals $1,291/mo. Return on cash invested measures 19.04% and rental yield reads 6.89% at the current $224,950. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,150 by year five. Five-year ROI prints 97.96% and total cumulative return in cash totals $73,049. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,291/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1924
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24014, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,130 (100%) |
| Owner Occupied HU | 5,019 (61.7%) |
| Renter Occupied HU | 2,509 (30.9%) |
| Vacant Housing Units | 602 ( 7.4%) |
| Median Home Value | $350,159 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
8,240
Single Family
6,803
Multi-Family
1,437
Businesses
620
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