68 Hill DrFincastleVA24090
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 Fincastle at 68 Hill Dr, Fincastle, VA, 24090 earns $1,355/mo cash flow from $3,528/mo rent with a $1,779/mo payment. Total monthly income totals $3,528/mo, and annual cash flow totals $16,263/yr on $120,500 capital. ROI tracks 33.4% on current figures, and rental yield reads 11.65% at a $363,500 purchase. Equity gained on principal adds $2,346/yr, and 5% annual appreciation supports $100,428 over five years. Five-year ROI reaches 174.95% and total cumulative return in cash sums $210,820. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,528/mo property income instead of your personal income.
Single Family
Built in 1980
1.49 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,835
Single Family
1,835
Multi-Family
0
Businesses
140
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Listed by: Brian R Smith • RE/MAX ALL POINTS
Mls Name: RVAR
Mls Provider:
Mls ID: #915624
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