567 Myrtle RdTazewellVA24651
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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 Tazewell at 567 Myrtle Rd, Tazewell, VA, 24651 earns from $660/mo rent with a $954/mo payment. Total monthly income totals $660/mo. ROI tracks 10.53% on current figures, and rental yield reads 4.06% at a $194,900 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 over five years. Five-year ROI reaches 52.25% and total cumulative return in cash sums $33,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $660/mo property income instead of your personal income.
Single Family
Built in 1977
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24651, Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 1,689 (58.0%) |
| Renter Occupied HU | 724 (24.9%) |
| Vacant Housing Units | 499 (17.1%) |
| Median Home Value | $163,338 |
| Average Home Value | $199,870 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,520
Multi-Family
4
Businesses
320
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