6039 Chagall DrRoanokeVA24018
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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 Roanoke at 6039 Chagall Dr, Roanoke, VA, 24018 earns $730/mo cash flow from $3,617/mo rent with a $2,364/mo payment. Total monthly income totals $3,617/mo, and annual cash flow totals $8,757/yr on $160,115 capital. ROI tracks 25.38% on current figures, and rental yield reads 8.99% at a $483,000 purchase. Equity gained on principal adds $3,117/yr, and 5% annual appreciation supports $133,444 over five years. Five-year ROI reaches 131.9% and total cumulative return in cash sums $211,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,617/mo property income instead of your personal income.
Single Family
Built in 1997
8,712 sqft lot
$N/A/sqft
No 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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