7360 Floyd Hwy NCopper HillVA24079
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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 Copper Hill at 7360 Floyd Hwy N, Copper Hill, VA, 24079 listed at $310,000 pairs $2,273/mo rent with a $1,517/mo payment to leave $420/mo cash flow. Total monthly income runs $2,273/mo, and annual cash flow reaches $5,042/yr on $102,765 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 8.8% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 128.91% and total cumulative return in cash totals $132,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,273/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24079, Copper Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 657 (68.4%) |
| Renter Occupied HU | 102 (10.6%) |
| Vacant Housing Units | 202 (21.0%) |
| Median Home Value | $265,678 |
| Average Home Value | $339,528 |
Housing Distribution
Address Breakdown
Residential
830
Single Family
830
Multi-Family
0
Businesses
21
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Listed by: LEAH MARIE HEDRICK • MKB, REALTORS(r)
Mls Name: RVAR
Mls ID: #921518