745 Pinch Creek RdBlandVA24315
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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
Rental property for sale in Bland at 745 Pinch Creek Rd, Bland, VA, 24315 priced at $260,000 converts $1,806/mo rent into $251/mo cash flow after a $1,273/mo obligation. Total monthly income equals $1,806/mo, and annual cash flow totals $3,016/yr on $86,190 invested. Return on cash invested prints 23.41% in year one, and rental yield reads 8.34% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 121.36% and total cumulative return in cash sums $104,597. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,806/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Manufactured
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24315, Bland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 983 (69.6%) |
| Renter Occupied HU | 193 (13.7%) |
| Vacant Housing Units | 237 (16.8%) |
| Median Home Value | $203,814 |
| Average Home Value | $251,289 |
Housing Distribution
Address Breakdown
Residential
1,192
Single Family
1,192
Multi-Family
0
Businesses
84
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