66 Goad Rd, Fincastle, VA, 24090 | 4.25% Rental Yield

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66 Goad Rd, Fincastle, VA, 24090 | 4.25% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fincastle at 66 Goad Rd, Fincastle, VA, 24090 with 5% annual appreciation on a $525,000 basis while $1,860/mo rent supports operations. 18% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 4.25%. Five-year ROI measures 55.71% and total cumulative return in cash totals $96,225. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,860/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2008

2.27 Acres lot

$N/A/sqft

No HOA

More details about the property

If you've been dreaming of country living with room to breathe, this Botetourt County gem is for you. Sitting on just over 2 acres with big mtn views, this 4-bedroom, 2.5-bath colonial offers the perfect mix of space and comfort. Inside you'll find a bright and open layout with plenty of room to spread out. The great room features vaulted ceilings and a cozy gas fireplace, making it the heart of the home. The kitchen flows easily into both formal and casual dining areas, so whether it's a family dinner or weekend gathering, you're all set. Upstairs you have a huge primary suite with jetted tub, separate shower and walk-in closet. 2 additional bedrooms upstairs with new carpet, a dedicated office space (could be small bedroom) and laundry for everyday convenience. Cozy basement space offers an additional family room, bedroom, unfinished storage space perfect for a workshop with very nice built-in shelving to keep you organized. Oversized 2 car gar, recently installed hot water heater

Neighborhood Data

Neighborhood data shown for ZIP Code: 24090, Fincastle, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,242 (100%)
Owner Occupied HU	1,723 (76.9%)
Renter Occupied HU	299 (13.3%)
Vacant Housing Units	220 ( 9.8%)
Median Home Value	$375,836
Average Home Value	$433,817