5216 Peaks Mountain RdGalaxVA24333
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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 Galax at 5216 Peaks Mountain Rd, Galax, VA, 24333 generates $1,344/mo in rent and, after a $827/mo payment, leaves $334/mo in cash flow. Total monthly income is $1,344/mo, and annual cash flow is $4,007/yr on $56,024 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 9.54% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 140.91% and total cumulative return in cash sums $78,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,344/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24333, Galax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 5,415 (61.3%) |
| Renter Occupied HU | 1,976 (22.4%) |
| Vacant Housing Units | 1,447 (16.4%) |
| Median Home Value | $157,744 |
| Average Home Value | $201,998 |
Housing Distribution
Address Breakdown
Residential
8,041
Single Family
7,799
Multi-Family
242
Businesses
670
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