6340 Scruggs Rd, Moneta, VA, 24121 | 5.8% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1720 sft

4828 Hardy Rd, Hardy, VA, 24101

3 Bed
2 Bath
2100 sft

1240 Clearwater Dr, Boones Mill, VA, 24065

4 Bed
3 Bath
1776 sft

114 Oxford Sq, Vinton, VA, 24179

3 Bed
3 Bath
1664 sft

7110 Fork Mountain Rd, Rocky Mount, VA, 24151

Nearby investment properties with comparable prices

4 Bed
3 Bath
3424 sft

6177 Back Creek Rd, Boones Mill, VA, 24065

3 Bed
2 Bath
1500 sft

2340 Virginia Byway, Bedford, VA, 24523

2 Bed
2 Bath
1040 sft

845 Gangplank Rd UNIT 203, Moneta, VA, 24121

4 Bed
3 Bath
2016 sft

1064 Savanna Hills Dr, Moneta, VA, 24121

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Moneta at 6340 Scruggs Rd, Moneta, VA, 24121 earns from $2,800/mo rent with a $2,834/mo payment. Total monthly income totals $2,800/mo. ROI tracks 15.89% on current figures, and rental yield reads 5.8% at a $579,000 purchase. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 over five years. Five-year ROI reaches 81% and total cumulative return in cash sums $154,291. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,800/mo property income instead of your personal income.

Single Family

Built in 2024

0.65 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,805 (100%)
Owner Occupied HU	4,423 (56.7%)
Renter Occupied HU	643 ( 8.2%)
Vacant Housing Units	2,739 (35.1%)
Median Home Value	$493,149
Average Home Value	$589,306