6560 Monet DrRoanokeVA24018
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 6560 Monet Dr, Roanoke, VA, 24018 in Roanoke. Rental yield 6.58%. The 1.22 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $138,141 and $4,605/yr in principal reduction project total return of $172,575.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 4.8% |
| Monthly Cash Flow | $(259) | $850 |
City averages based on Roanoke market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,742 |
| Total Monthly Debt Service | $2,802 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
0.41 Acres lot
$N/A/sqft
$140 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24018, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,125 (100%) |
| Owner Occupied HU | 12,406 (68.4%) |
| Renter Occupied HU | 4,608 (25.4%) |
| Vacant Housing Units | 1,111 ( 6.1%) |
| Median Home Value | $361,586 |
| Average Home Value | $429,725 |
Housing Distribution
Address Breakdown
Residential
17,942
Single Family
14,495
Multi-Family
3,447
Businesses
1,677
Nearby investment properties with comparable rents
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
Single Family
Built in 2002
0.41 Acres lot
$N/A/sqft
$140 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24018, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,125 (100%) |
| Owner Occupied HU | 12,406 (68.4%) |
| Renter Occupied HU | 4,608 (25.4%) |
| Vacant Housing Units | 1,111 ( 6.1%) |
| Median Home Value | $361,586 |
| Average Home Value | $429,725 |
Housing Distribution
Address Breakdown
Residential
17,942
Single Family
14,495
Multi-Family
3,447
Businesses
1,677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ginny Taylor • MKB, REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #917674
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