601 Mountain LnBluefieldVA24605
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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 Bluefield at 601 Mountain Ln, Bluefield, VA, 24605 offers $840/mo rent that, after a $836/mo payment. Total monthly income is $840/mo. Return on cash invested measures 16.07% in year one, and rental yield stands at 5.9% at a $170,900 entry. Equity gained on principal adds $1,103/yr while 5% annual appreciation compounds into $47,217 by year five. Five-year ROI records 81.98% and total cumulative return in cash reaches $46,444. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $840/mo property income versus a $836/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24605, Bluefield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 2,811 (66.5%) |
| Renter Occupied HU | 798 (18.9%) |
| Vacant Housing Units | 616 (14.6%) |
| Median Home Value | $163,310 |
| Average Home Value | $214,692 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
3,766
Multi-Family
29
Businesses
410
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Listed by: Yvonne Evans • PREMIER REALTY LLC
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #54941
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.