5605 Prunty DrSalemVA24153
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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 Salem at 5605 Prunty Dr, Salem, VA, 24153 earns $646/mo cash flow from $2,486/mo rent with a $1,483/mo payment. Total monthly income totals $2,486/mo, and annual cash flow totals $7,755/yr on $100,445 capital. ROI tracks 27.63% on current figures, and rental yield reads 9.85% at a $303,000 purchase. Equity gained on principal adds $1,955/yr, and 5% annual appreciation supports $83,713 over five years. Five-year ROI reaches 144.12% and total cumulative return in cash sums $144,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,486/mo property income instead of your personal income.
Single Family
Built in 2017
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24153, Salem, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,874 (100%) |
| Owner Occupied HU | 11,469 (68.0%) |
| Renter Occupied HU | 4,141 (24.5%) |
| Vacant Housing Units | 1,264 ( 7.5%) |
| Median Home Value | $317,038 |
| Average Home Value | $367,775 |
Housing Distribution
Address Breakdown
Residential
16,321
Single Family
15,046
Multi-Family
1,275
Businesses
1,603
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Listed by: Nancy Page • Page & Assoc. Real Estate
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #418410
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.