814 Callaway RdCallawayVA24151
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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 Callaway at 814 Callaway Rd, Callaway, VA, 24151 priced at $389,950 pairs $1,548/mo rent with after a $1,909/mo payment. Total monthly income equals $1,548/mo. Return on cash invested is 12.64% in year one, and rental yield stands at 4.76% on a $389,950 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,736 by year five. Five-year ROI measures 63.56% and total cumulative return in cash reaches $82,169. For financing, Ziffy Mortgage’s DSCR program evaluates $1,548/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24151, Rocky Mount, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,571 (100%) |
| Owner Occupied HU | 5,656 (66.0%) |
| Renter Occupied HU | 2,178 (25.4%) |
| Vacant Housing Units | 737 ( 8.6%) |
| Median Home Value | $244,741 |
| Average Home Value | $315,576 |
Housing Distribution
Address Breakdown
Residential
8,293
Single Family
8,145
Multi-Family
148
Businesses
803
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Listed by: Brenda Fichtner Bratt • LONG & FOSTER - SMITH MTN LAKE
Mls Name: RVAR
Mls Provider:
Mls ID: #912238
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