59 McClintic Heights DrWarm SpringsVA24484
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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 Warm Springs at 59 McClintic Heights Dr, Warm Springs, VA, 24484 offers a 4.74% rental yield on a $429,000 purchase with $1,693/mo rent. 55% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 63.14% and total cumulative return in cash at $89,797. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,693/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24484, Warm Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 268 (40.7%) |
| Renter Occupied HU | 71 (10.8%) |
| Vacant Housing Units | 319 (48.5%) |
| Median Home Value | $307,229 |
| Average Home Value | $361,446 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
53
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Listed by: Kimberly Hostetter • eXp Realty LLC
Mls Name: Rockbridge Highlands REALTORS
Mls ID: #139464