63 Fairway Dr, Basye, VA, 22810 | 6.19% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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63 Fairway Dr, Basye, VA, 22810 | 6.19% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Basye at 63 Fairway Dr, Basye, VA, 22810 earns from $2,782/mo rent with a $2,641/mo payment. Total monthly income totals $2,782/mo. ROI tracks 17.06% on current figures, and rental yield reads 6.19% at a $539,500 purchase. Equity gained on principal adds $3,481/yr, and 5% annual appreciation supports $149,054 over five years. Five-year ROI reaches 87.26% and total cumulative return in cash sums $154,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,782/mo property income instead of your personal income.

Single Family

Built in 1984

0.41 Acres lot

$N/A/sqft

No HOA

More details about the property

This newly renovated, classic salt-box mountain home seamlessly combines timeless architectural charm with contemporary features. The property is presented in exceptional, like-new condition, offering both comfort and style for modern mountain living. Enjoy Stoney Creek, which borders the lower level of the property, and the sunset views from the new upper and lower decks. The heart of the home is a bright and spacious great room, illuminated by abundant natural light. The inviting area is anchored by a wood-burning fireplace, which creates a warm and welcoming atmosphere ideal for relaxation and gatherings. Adjacent to the great room is a generous dining area that smoothly transitions into a contemporary kitchen. The kitchen is equipped with brand new stainless appliances and a wine cooler, making it well suited for everyday use as well as entertaining guests. Also situated on the main floor is the primary bedroom, offering privacy and convenience with its own ensuite bath. For added practicality, a half bath is available, catering to both residents and visitors. Upstairs, the home provides two large bedrooms alongside a full bathroom, ensuring ample space and comfort for family or guests. The lower level features a large recreation room, additional bedroom and a full bathroom, as well as a finished bonus room that could be used for storage/office/workshop/dayroom and laundry area. Home is adjacent to blacktop road providing easy access to State Road Rt. 263 and Resort Drive (a flat road), the main entrance to Bryce Resort.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22810, Basye, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,275 (100%)
Owner Occupied HU	408 (32.0%)
Renter Occupied HU	81 ( 6.4%)
Vacant Housing Units	786 (61.6%)
Median Home Value	$298,438
Average Home Value	$319,498