7893 Baptist Valley RdNorth TazewellVA24630
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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 North Tazewell at 7893 Baptist Valley Rd, North Tazewell, VA, 24630 generates $2,888/mo in rent, after a $2,570/mo payment. Total monthly income is $2,888/mo. Return on cash invested sits at 18.32% in year one, and rental yield is 6.6% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 94.02% and total cumulative return in cash sums $162,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,888/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24630, North Tazewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,123 (100%) |
| Owner Occupied HU | 2,081 (66.6%) |
| Renter Occupied HU | 580 (18.6%) |
| Vacant Housing Units | 462 (14.8%) |
| Median Home Value | $128,228 |
| Average Home Value | $166,204 |
Housing Distribution
Address Breakdown
Residential
2,613
Single Family
2,613
Multi-Family
0
Businesses
170
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Listed by: Lynn Fansler • Blue Ridge Properties
Mls Name: TVRMLS
Mls ID: #9990012