7287 E Blue Grass TrlBlandVA24315
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play7287 E Blue Grass Trl, Bland, VA, 24315 in Bland is priced for appreciation, not yield. Rental yield 4.28%. At $498,900 with a 4.28% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $137,837 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.79) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $111,398.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.2% |
| Monthly Cash Flow | $(1,203) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,780 |
| Total Monthly Debt Service | $2,784 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
21.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24315, Bland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 983 (69.6%) |
| Renter Occupied HU | 193 (13.7%) |
| Vacant Housing Units | 237 (16.8%) |
| Median Home Value | $203,814 |
| Average Home Value | $251,289 |
Housing Distribution
Address Breakdown
Residential
1,192
Single Family
1,192
Multi-Family
0
Businesses
84
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
Single Family
Built in 2005
21.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24315, Bland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 983 (69.6%) |
| Renter Occupied HU | 193 (13.7%) |
| Vacant Housing Units | 237 (16.8%) |
| Median Home Value | $203,814 |
| Average Home Value | $251,289 |
Housing Distribution
Address Breakdown
Residential
1,192
Single Family
1,192
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darin Greear • Long & Foster-Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423859
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.