6782 Floyd Hwy NCopper HillVA24079
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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
Investment Highlights
Investment property for sale in Copper Hill at 6782 Floyd Hwy N, Copper Hill, VA, 24079 offers a 10.8% rental yield on a $264,995 purchase with $2,384/mo rent. Total monthly income registers $2,384/mo, and a $1,297/mo payment leaves $800/mo available for distribution. Annual cash flow reaches $9,599/yr on $87,846 to close, and return on cash invested stands at 30.84% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,213 over five years. Portfolio math shows five-year ROI at 161.15% and total cumulative return in cash at $141,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,384/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24079, Copper Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 657 (68.4%) |
| Renter Occupied HU | 102 (10.6%) |
| Vacant Housing Units | 202 (21.0%) |
| Median Home Value | $265,678 |
| Average Home Value | $339,528 |
Housing Distribution
Address Breakdown
Residential
830
Single Family
830
Multi-Family
0
Businesses
21
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Listed by: NORMAN S DOMINGO • XREALTY.NET LLC
Mls Name: RVAR
Mls ID: #921804