708 Hilltown RdFriesVA24330
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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
Rental property for sale in Fries at 708 Hilltown Rd, Fries, VA, 24330 priced at $147,000 converts $1,148/mo rent into $270/mo cash flow after a $719/mo obligation. Total monthly income equals $1,148/mo, and annual cash flow totals $3,237/yr on $48,731 invested. Return on cash invested prints 26.55% in year one, and rental yield reads 9.37% against a $147,000 entry. Equity gained on principal adds $949/yr, while 5% annual appreciation compiles into $40,613 by year five. Five-year ROI reaches 138.2% and total cumulative return in cash sums $67,344. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,148/mo property income covering a $719/mo payment, not borrower’s personal income.
Single Family
Built in 1949
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24330, Fries, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,939 (100%) |
| Owner Occupied HU | 1,131 (58.3%) |
| Renter Occupied HU | 316 (16.3%) |
| Vacant Housing Units | 492 (25.4%) |
| Median Home Value | $132,165 |
| Average Home Value | $171,885 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,397
Multi-Family
31
Businesses
50
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Listed by: Annpaige Harris • Virginia Mountain Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #92603
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.