633 Lots Gap RdMax MeadowsVA24360
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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 Max Meadows at 633 Lots Gap Rd, Max Meadows, VA, 24360 listed at $149,000 pairs $1,265/mo rent with a $729/mo payment to leave $375/mo cash flow. Total monthly income runs $1,265/mo, and annual cash flow reaches $4,495/yr on $49,394 cash to close. Return on cash invested measures 29.01% in year one, and rental yield registers 10.19% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 151.41% and total cumulative return in cash totals $74,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,265/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24360, Max Meadows, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,912 (69.7%) |
| Renter Occupied HU | 458 (16.7%) |
| Vacant Housing Units | 375 (13.7%) |
| Median Home Value | $208,901 |
| Average Home Value | $235,506 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
118
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Listed by: DEB WILDMAN • U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
Mls Name: RVAR
Mls ID: #922934