74 Old Cabin RdCascadeVA24069
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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 Cascade at 74 Old Cabin Rd, Cascade, VA, 24069 with 5% annual appreciation on a $242,900 basis while $810/mo rent supports operations. 34% in year one. Equity gained on principal adds $1,567/yr, and five-year appreciation sums $67,109 alongside rental yield of 4%. Five-year ROI measures 51.24% and total cumulative return in cash totals $41,257. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $810/mo property income versus a $1,189/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
5.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24069, Cascade, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 568 (65.6%) |
| Renter Occupied HU | 154 (17.8%) |
| Vacant Housing Units | 144 (16.6%) |
| Median Home Value | $164,583 |
| Average Home Value | $179,177 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
866
Multi-Family
0
Businesses
32
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Listed by: Donna Gibson • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #73991
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