753 Plantation CirRoanokeVA24019
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Roanoke at 753 Plantation Cir, Roanoke, VA, 24019 with 5% annual appreciation on a $359,950 basis while $2,274/mo rent supports operations. Total monthly income totals $2,274/mo and a $1,762/mo payment preserves $122/mo for cash returns. Annual cash flow comes to $1,465/yr on $119,323 deployed, and return on cash invested reaches 21.14% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,448 alongside rental yield of 7.58%. Five-year ROI measures 109.18% and total cumulative return in cash totals $130,278.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,274/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24019, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,090 (100%) |
| Owner Occupied HU | 9,043 (74.8%) |
| Renter Occupied HU | 2,470 (20.4%) |
| Vacant Housing Units | 577 ( 4.8%) |
| Median Home Value | $274,588 |
| Average Home Value | $316,585 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,366
Multi-Family
734
Businesses
873
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices