664 Broadway LnHillsvilleVA24343
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
Investment Highlights
Investment property for sale in Hillsville at 664 Broadway Ln, Hillsville, VA, 24343 at $399,000 posts ROI 21.01% with $122/mo cash flow from $2,507/mo rent. Total monthly income equals $2,507/mo, and annual cash flow records $1,461/yr on $132,269 to close. Return on cash invested measures 21.01% and rental yield reads 7.54% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 108.5% and total cumulative return in cash totals $143,510.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,507/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24343, Hillsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 2,945 (58.6%) |
| Renter Occupied HU | 978 (19.5%) |
| Vacant Housing Units | 1,103 (21.9%) |
| Median Home Value | $159,099 |
| Average Home Value | $200,289 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,786
Multi-Family
96
Businesses
370
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Listed by: Christopher Ward • Ward Real Estate Group, LLC
Mls Name: SWVAR
Mls ID: #100051