631 Blue Ridge School RdFancy GapVA24328
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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 Fancy Gap at 631 Blue Ridge School Rd, Fancy Gap, VA, 24328 priced at $169,990 pairs $1,477/mo rent with $461/mo cash flow after a $832/mo payment. Total monthly income equals $1,477/mo, and annual cash flow comes to $5,530/yr on $56,352 invested. Return on cash invested is 29.72% in year one, and rental yield stands at 10.43% on a $169,990 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,965 by year five. Five-year ROI measures 155.21% and total cumulative return in cash reaches $87,462. For financing, Ziffy Mortgage’s DSCR program evaluates $1,477/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2009
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24328, Fancy Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 774 (44.9%) |
| Renter Occupied HU | 160 ( 9.3%) |
| Vacant Housing Units | 791 (45.9%) |
| Median Home Value | $166,296 |
| Average Home Value | $202,775 |
Housing Distribution
Address Breakdown
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
64
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