5628 Village WayRoanokeVA24018
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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 Roanoke at 5628 Village Way, Roanoke, VA, 24018 offers $3,152/mo rent that, after a $3,081/mo payment. Total monthly income is $3,152/mo. Return on cash invested measures 14.95% in year one, and rental yield stands at 6.01% at a $629,500 entry. Equity gained on principal adds $4,062/yr while 5% annual appreciation compounds into $173,919 by year five. Five-year ROI records 76.53% and total cumulative return in cash reaches $158,494. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,152/mo property income versus a $3,081/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
5,227 sqft lot
$N/A/sqft
$264 monthly 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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