730 Wildcat RdHillsvilleVA24343
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 Hillsville at 730 Wildcat Rd, Hillsville, VA, 24343 uses $75,516 cash to close to unlock $8,211/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $2,046/mo, and a $1,115/mo payment keeps the spread at $684/mo. Purchase price stands at $227,800, and rental yield measures 10.78% with $2,046/mo rent. Return on cash invested shows 30.78% in year one, and 5% annual appreciation builds toward $62,937 over five years. Five-year ROI reaches 160.93% and total cumulative return in cash records $121,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,046/mo property income covering a $1,115/mo payment rather than investor’s personal income.
Single Family
Built in 1970
15.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24343, Hillsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 2,945 (58.6%) |
| Renter Occupied HU | 978 (19.5%) |
| Vacant Housing Units | 1,103 (21.9%) |
| Median Home Value | $159,099 |
| Average Home Value | $200,289 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,786
Multi-Family
96
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Davis • Virginia Mountain Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #99341
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.