5836 Riner RdRinerVA24149
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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 Riner at 5836 Riner Rd, Riner, VA, 24149 offers a 11.36% rental yield on a $150,000 purchase with $1,420/mo rent. Total monthly income registers $1,420/mo, and a $734/mo payment leaves $524/mo available for distribution. Annual cash flow reaches $6,282/yr on $49,725 to close, and return on cash invested stands at 32.54% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 170.34% and total cumulative return in cash at $84,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,420/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24149, Riner, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,170 (79.0%) |
| Renter Occupied HU | 169 (11.4%) |
| Vacant Housing Units | 142 ( 9.6%) |
| Median Home Value | $347,198 |
| Average Home Value | $361,970 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
77
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Listed by: Kelsey Frazier • eXp Realty - Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424584
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.