646 E Augusta AveVintonVA24179
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Nearby investment properties with comparable prices
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 Vinton at 646 E Augusta Ave, Vinton, VA, 24179 at $299,000 posts ROI 23.06% with $260/mo cash flow from $2,047/mo rent. Total monthly income equals $2,047/mo, and annual cash flow records $3,121/yr on $99,119 to close. Return on cash invested measures 23.06% and rental yield reads 8.22% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 119.5% and total cumulative return in cash totals $118,450.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,047/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24179, Vinton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,720 (100%) |
| Owner Occupied HU | 6,111 (70.1%) |
| Renter Occupied HU | 2,125 (24.4%) |
| Vacant Housing Units | 484 ( 5.6%) |
| Median Home Value | $272,333 |
| Average Home Value | $313,882 |
Housing Distribution
Address Breakdown
Residential
8,576
Single Family
7,983
Multi-Family
593
Businesses
608
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