7480 Bending Oak DrCatawbaVA24070
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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 Catawba at 7480 Bending Oak Dr, Catawba, VA, 24070 offers a 11.99% rental yield on a $225,000 purchase with $2,248/mo rent. Total monthly income registers $2,248/mo, and a $1,101/mo payment leaves $885/mo available for distribution. Annual cash flow reaches $10,614/yr on $74,588 to close, and return on cash invested stands at 34.14% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 179.01% and total cumulative return in cash at $133,521. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,248/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24070, Catawba, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 650 (100%) |
| Owner Occupied HU | 491 (75.5%) |
| Renter Occupied HU | 87 (13.4%) |
| Vacant Housing Units | 72 (11.1%) |
| Median Home Value | $351,015 |
| Average Home Value | $430,346 |
Housing Distribution
Address Breakdown
Residential
584
Single Family
584
Multi-Family
0
Businesses
24
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Listed by: CHRISTY CROUCH • RE/MAX ALL POINTS
Mls Name: RVAR
Mls Provider:
Mls ID: #911576
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