5440 Ridgelea Estates DrRoanokeVA24018
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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
Total monthly income runs $6,794/mo, and a $7,219/mo payment. Purchase price stands at $1,475,000, and rental yield measures 5.53% with $6,794/mo rent. Return on cash invested shows 15.29% in year one, and 5% annual appreciation builds toward $407,515 over five years. Five-year ROI reaches 77.7% and total cumulative return in cash records $371,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,794/mo property income covering a $7,219/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.52 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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