827 Mountain View DrFancy GapVA24328
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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 Fancy Gap at 827 Mountain View Dr, Fancy Gap, VA, 24328 generates $1,132/mo in rent and, after a $881/mo payment, leaves $18/mo in cash flow. Total monthly income is $1,132/mo, and annual cash flow is $220/yr on $59,670 invested. Return on cash invested sits at 20.28% in year one, and rental yield is 7.55% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 104.88% and total cumulative return in cash sums $62,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,132/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.51 Acres lot
$N/A/sqft
$113 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24328, Fancy Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 774 (44.9%) |
| Renter Occupied HU | 160 ( 9.3%) |
| Vacant Housing Units | 791 (45.9%) |
| Median Home Value | $166,296 |
| Average Home Value | $202,775 |
Housing Distribution
Address Breakdown
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
64
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Listed by: Sandra Worrell • Primm Real Estate Firm, LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #103569
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.