7311 Maple CtRoanokeVA24018
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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
Investment property for sale in Roanoke at 7311 Maple Ct, Roanoke, VA, 24018 uses $82,875 cash to close to unlock $8,978/yr annual cash flow and $748/mo monthly cash flow. Total monthly income runs $2,243/mo, and a $1,224/mo payment keeps the spread at $748/mo. Purchase price stands at $250,000, and rental yield measures 10.77% with $2,243/mo rent. Return on cash invested shows 30.74% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 160.72% and total cumulative return in cash records $133,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,243/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24018, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,125 (100%) |
| Owner Occupied HU | 12,406 (68.4%) |
| Renter Occupied HU | 4,608 (25.4%) |
| Vacant Housing Units | 1,111 ( 6.1%) |
| Median Home Value | $361,586 |
| Average Home Value | $429,725 |
Housing Distribution
Address Breakdown
Residential
17,942
Single Family
14,495
Multi-Family
3,447
Businesses
1,677
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