714 Vass Mill RdLaurel ForkVA24352
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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 Laurel Fork at 714 Vass Mill Rd, Laurel Fork, VA, 24352 priced at $630,000 converts $2,474/mo rent into after a $3,084/mo obligation. Total monthly income equals $2,474/mo. Return on cash invested prints 12.58% in year one, and rental yield reads 4.71% against a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation compiles into $174,057 by year five. Five-year ROI reaches 63.22% and total cumulative return in cash sums $131,038. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,474/mo property income covering a $3,084/mo payment, not borrower’s personal income.
Single Family
Built in 2000
15.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24352, Laurel Fork, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 359 (57.3%) |
| Renter Occupied HU | 55 ( 8.8%) |
| Vacant Housing Units | 213 (34.0%) |
| Median Home Value | $180,147 |
| Average Home Value | $212,444 |
Housing Distribution
Address Breakdown
Residential
504
Single Family
504
Multi-Family
0
Businesses
23
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Listed by: Blake Goad • Primm Real Estate Firm, LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #99997
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.