7331 Baptist Valley RdNorth TazewellVA24630
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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 North Tazewell at 7331 Baptist Valley Rd, North Tazewell, VA, 24630 uses $69,582 cash to close to unlock $2,035/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $1,424/mo, and a $1,027/mo payment keeps the spread at $170/mo. Purchase price stands at $209,900, and rental yield measures 8.14% with $1,424/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 118.27% and total cumulative return in cash records $82,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,424/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24630, North Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,123 (100%) |
| Owner Occupied HU | 2,081 (66.6%) |
| Renter Occupied HU | 580 (18.6%) |
| Vacant Housing Units | 462 (14.8%) |
| Median Home Value | $128,228 |
| Average Home Value | $166,204 |
Housing Distribution
Address Breakdown
Residential
2,613
Single Family
2,613
Multi-Family
0
Businesses
170
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Listed by: Jaimie Tuggle • RE/MAX At Work
Mls Name: SWVAR
Mls Provider:
Mls ID: #98897
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.