711 McDowell Ave NWRoanokeVA24016
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 Roanoke at 711 McDowell Ave NW, Roanoke, VA, 24016 at $139,900 posts ROI 36.14% with $627/mo cash flow from $1,464/mo rent. Total monthly income equals $1,464/mo, and annual cash flow records $7,529/yr on $46,377 to close. Return on cash invested measures 36.14% and rental yield reads 12.56% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 189.67% and total cumulative return in cash totals $87,963.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,464/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24016, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,423 (100%) |
| Owner Occupied HU | 1,159 (21.4%) |
| Renter Occupied HU | 3,460 (63.8%) |
| Vacant Housing Units | 804 (14.8%) |
| Median Home Value | $284,524 |
| Average Home Value | $433,268 |
Housing Distribution
Address Breakdown
Residential
5,017
Single Family
3,783
Multi-Family
1,234
Businesses
685
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Nearby investment properties with comparable prices
Listed by: Neil L Conner • THE GOOD SIGN REAL ESTATE CO.
Mls Name: RVAR
Mls Provider:
Mls ID: #916912
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