7019 Linn Cove CtRoanokeVA24018
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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 Roanoke at 7019 Linn Cove Ct, Roanoke, VA, 24018 earns $188/mo cash flow from $3,708/mo rent with a $2,723/mo payment. Total monthly income totals $3,708/mo, and annual cash flow totals $2,259/yr on $183,023 capital. ROI tracks 21.29% on current figures, and rental yield reads 8% at a $556,300 purchase. Equity gained on principal adds $3,590/yr, and 5% annual appreciation supports $153,695 over five years. Five-year ROI reaches 110.44% and total cumulative return in cash sums $202,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,708/mo property income instead of your personal income.
Single Family
Built in 2021
10,454 sqft lot
$N/A/sqft
$100 monthly 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
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