8163 Floyd Hwy NCopper HillVA24079
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 Copper Hill at 8163 Floyd Hwy N, Copper Hill, VA, 24079 at $349,000 posts ROI 23.9% with $385/mo cash flow from $2,471/mo rent. Total monthly income equals $2,471/mo, and annual cash flow records $4,619/yr on $115,694 to close. Return on cash invested measures 23.9% and rental yield reads 8.5% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 123.97% and total cumulative return in cash totals $143,424.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,471/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24079, Copper Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 657 (68.4%) |
| Renter Occupied HU | 102 (10.6%) |
| Vacant Housing Units | 202 (21.0%) |
| Median Home Value | $265,678 |
| Average Home Value | $339,528 |
Housing Distribution
Address Breakdown
Residential
830
Single Family
830
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Lisa Marie Santacaterina • REAL BROKER LLC - MCLEAN
Mls Name: RVAR
Mls Provider:
Mls ID: #917380
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