7036 Fairway Ridge Rd, Roanoke, VA, 24153 | 4.88% Rental Yield

For Sale

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 Roanoke at 7036 Fairway Ridge Rd, Roanoke, VA, 24153 with 5% annual appreciation on a $669,000 basis while $2,720/mo rent supports operations. 09% in year one. Equity gained on principal adds $4,317/yr, and five-year appreciation sums $184,832 alongside rental yield of 4.88%. Five-year ROI measures 65.97% and total cumulative return in cash totals $145,191. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,720/mo property income versus a $3,274/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 24153, Salem, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,874 (100%)
Owner Occupied HU	11,469 (68.0%)
Renter Occupied HU	4,141 (24.5%)
Vacant Housing Units	1,264 ( 7.5%)
Median Home Value	$317,038
Average Home Value	$367,775